Semler Scientific Doubles Down on Bitcoin with $15.7 Million Purchase, Now Holds 3,467 BTC
Semler Scientific, a Nasdaq-listed company, has significantly expanded its Bitcoin holdings by purchasing an additional 165 BTC for $15.7 million. The acquisition, made between April 25 and April 29, 2025, was funded through the company’s at-the-market equity offering. With an average purchase price of $94,931 per Bitcoin, including fees, Semler now holds a total of 3,467 BTC. Chairman Eric Semler emphasized the company’s strategic commitment to Bitcoin, highlighting its potential as a store of value and hedge against inflation. This move underscores the growing trend of institutional adoption of Bitcoin, further solidifying its position in the financial landscape.
Semler Scientific Expands Bitcoin Holdings with $15.7 Million Purchase
Semler Scientific, a Nasdaq-listed firm, has deepened its commitment to Bitcoin by acquiring an additional 165 BTC for $15.7 million. The purchase, executed between April 25 and April 29, 2025, was funded through the company’s at-the-market equity offering. At an average price of $94,931 per Bitcoin including fees, the transaction elevates Semler’s total holdings to 3,467 BTC.
Chairman Eric Semler framed the move as part of a deliberate accumulation strategy. The company’s growing Bitcoin treasury reflects institutional confidence in the digital asset’s long-term value proposition, despite market volatility.
US Recession ’Turning Into a Tailwind’ for Bitcoin: Bitwise Analyst
The U.S. economy contracted at an annualized rate of 0.3% in the first quarter, marking its first decline in three years. Traders are increasingly betting on Federal Reserve rate cuts this summer as recession fears grow. The U.S. Dollar Index (DXY) ROSE marginally on Wednesday but remains down 8.3% year-to-date.
Bitcoin dipped following the GDP report, yet Bitwise analyst André Dragosch argues economic weakness could paradoxically benefit crypto. A softening dollar and anticipated monetary easing may create favorable conditions for Bitcoin’s next rally. Market participants are watching for confirmation of a technical recession—traditionally defined as two consecutive quarters of negative growth.
Stablecoin Inflows Now Key Driver of Bitcoin Price Growth, Says MEXC Executive
Bitcoin’s price trajectory is increasingly tied to stablecoin liquidity rather than retail demand, according to Tracy Jin, COO of cryptocurrency exchange MEXC. Every $1 billion influx into stablecoins like Tether and Circle could push BTC prices 8-10% higher.
The stablecoin market capitalization has surged by $38 billion year-to-date, creating a robust pipeline for Bitcoin investment. This institutional-grade liquidity Flow now outweighs traditional retail trading as the primary price catalyst.
"Fiat conversions into stablecoins are steadily feeding Bitcoin’s ecosystem," Jin noted, highlighting the maturing infrastructure connecting traditional finance to digital assets. The trend persists despite macroeconomic uncertainties that typically dampen risk appetite.
Bitcoin Price Analysis: Sucker’s Rally or Major Boom Ahead?
Bitcoin’s price action teeters between skepticism and euphoria as capital inflows into the crypto market surge tenfold to $15 billion in a fortnight. The flagship cryptocurrency has broken out of a falling wedge pattern, closing two consecutive weeks in bullish territory—potentially marking its first positive month since a significant political event.
Technical thresholds loom large: sustained closes above $95,000 are needed to validate a push toward six figures. Meanwhile, consolidation between $93,000 and $95,500 reflects market indecision. This comes amid broader anticipation of macroeconomic shifts, with institutional participation reaching new heights.
Hollywood to Adapt Story of Man Who Lost $750M in Bitcoin
James Howells’ decade-long saga of lost Bitcoin fortune is heading to Hollywood. Lebul, a Los Angeles production company, secured exclusive rights to adapt the story of the IT engineer who mined 8,000 BTC in 2009—when the cryptocurrency was virtually valueless—only to accidentally discard the hard drive containing them.
Howells maintains the drive, now worth approximately $750 million, remains buried in a Welsh landfill. Despite persistent efforts, local authorities have repeatedly denied his requests to excavate the site. The planned docuseries will chronicle one of cryptocurrency’s most infamous cases of lost wealth.
