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Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC

Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC
Semler Scientific has announced the purchase of 215 BTC for $17.7 million, bringing its total bitcoin holdings to 1,273 tokens worth around $114 million. The average price of the recent purchase was $82,502 per BTC, funded in part by share sales. Semler has achieved a BTC Yield of 37.3% since implementing its bitcoin treasury strategy in Q2 2021. The company has adopted "Bitcoin Yield" as a key performance indicator, influenced by MicroStrategy's definition of how well a company acquires bitcoin in an accretive manner for shareholders. This announcement follows several other corporate bitcoin purchases on the same day. Semler's stock has risen by 2.4% in premarket trading and by 33% since it began buying bitcoin last summer.

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