Semler Scientific’s Bold Bitcoin Bet: $114 Million Purchase Cements BTC as Treasury Reserve Asset
In a striking move that defies traditional sector norms, Semler Scientific has doubled down on Bitcoin by investing $114.8 million to acquire 455 BTC in under ten days. This latest purchase brings the healthcare technology firm’s total Bitcoin holdings to 4,264 BTC, solidifying Bitcoin as its primary treasury reserve asset. The purchases were executed at an average price of $109,801 per Bitcoin, funded through an ATM stock program. At the time of writing, Bitcoin’s price stands at 108,719.07000000 USDT, reflecting the volatile yet promising nature of the cryptocurrency market. This bold bet highlights the growing acceptance of Bitcoin as a legitimate store of value, even in traditionally conservative industries like healthcare technology. Semler Scientific’s aggressive accumulation of Bitcoin signals a strategic shift in corporate treasury management, potentially paving the way for other firms to follow suit. The move underscores the increasing institutional confidence in Bitcoin’s long-term value proposition, despite market fluctuations.
Semler Scientific Doubles Down on Bitcoin with $114 Million Purchase
Semler Scientific has made a bold bet on Bitcoin, investing $114.8 million to acquire 455 BTC in under ten days. The healthcare technology firm now holds 4,264 BTC, cementing Bitcoin as its primary treasury reserve asset. This move defies sector norms, where conservative cash management typically prevails.
The purchases were executed at an average price of $109,801 per Bitcoin, funded through an ATM stock program. Notably, this accumulation occurred despite Semler reporting a $64.7 million net loss and a $30 million legal settlement this quarter. The company has institutionalized its crypto strategy by forming a bitcoin Strategy Committee chaired by a prominent Bitcoin advocate.
Bitcoin Price Retreats Below $110k Amid Trump’s Proposed EU Tariffs
Bitcoin’s price fell below $110,000 in early Friday trading as market sentiment soured following former President Donald Trump’s proposal to impose a 50% tariff on all EU goods starting June 1, 2025. The cryptocurrency had earlier reached an all-time high of $111,980, fueled by institutional demand and its perception as a digital store of value.
The tariff announcement introduced fresh volatility, with Bitcoin briefly dipping to $107,300. Trade tensions overshadowed the crypto market’s recent gains, highlighting Bitcoin’s sensitivity to macroeconomic developments. Investors quickly retreated from risk assets as uncertainty gripped global markets.
Semler Scientific Expands Bitcoin Holdings to Over 4,000 BTC
Semler Scientific, a Nasdaq-listed medical technology firm, has aggressively expanded its Bitcoin treasury with a $50 million purchase of 455 BTC between May 13 and 22, 2025. The company now holds 4,264 bitcoins worth approximately $474.4 million, marking a 25.8% year-to-date return that eclipses traditional asset performance.
The MOVE underscores a growing corporate trend of Bitcoin adoption as a reserve asset. Semler’s strategy reflects confidence in cryptocurrency’s long-term value proposition, particularly amid institutional acceptance. Market observers note such accumulations contribute to Bitcoin’s tightening supply dynamics.
Bitcoin or Gold? Schiff Says Central Banks Have Made Their Choice
Economist Peter Schiff reignites the bitcoin versus Gold debate, highlighting central banks’ growing preference for gold reserves amid global economic uncertainty. His critique targets bitcoin’s volatility while championing gold’s historical stability.
Schiff’s commentary underscores a strategic divergence: institutional players hedge with tangible assets while crypto advocates bet on digital disruption. The tension reflects broader market questions about store-of-value assets in an era of monetary experimentation.
Buy a Burger With Bitcoin? Beware the Tax Risks, Experts Warn
Steak ’n Shake’s recent adoption of Bitcoin for payments has drawn attention to the tax implications of crypto-denominated transactions. U.S. taxpayers must report even minor purchases, like a $14 combo meal, to the IRS. The move highlights the growing intersection of cryptocurrency and everyday commerce, yet underscores the regulatory complexities that persist.
While the fast-food chain’s embrace of Bitcoin signals mainstream acceptance, experts caution that the tax burden remains a critical consideration. Each transaction, regardless of size, triggers reporting requirements—a reality that could dampen consumer enthusiasm for crypto-powered purchases.
