Semler Scientific Doubles Down on Bitcoin—Drops $10M Treasury Bet as Traditional Finance Shudders

Another corporate player joins the crypto gold rush—Semler Scientific just diverted $10M of its treasury reserves into Bitcoin. Because nothing says ’strategic pivot’ like chasing digital assets during a bear market.

Wall Street’s reaction? A collective eye-roll. Yet another public company swaps boring old bonds for volatile crypto, betting shareholder money on Satoshi’s vision. At least they didn’t YOLO into a meme coin.

Key takeaway: When legacy finance feels stale, corporations now have a playbook—throw cash at Bitcoin and call it ’innovation.’ The CFOs hedging against fiat? Cynical or clairvoyant? Either way, the treasury degen era is here.

Semler Reports 23.5% Bitcoin Yield

Semler said that its Bitcoin strategy has delivered a 23.5% Bitcoin yield year-to-date, a key performance indicator (KPI) the company uses to measure shareholder value through BTC accumulation.

The Bitcoin yield reflects the ratio of Bitcoin holdings relative to outstanding shares, effectively increasing each shareholder’s exposure to the asset.

“Semler Scientific uses BTC Yield as a KPI to assess the performance of its strategy of acquiring Bitcoin in a manner it believes is accretive to stockholders,” the company noted.

Semler, traditionally focused on developing diagnostic tools for chronic disease detection, has partially financed its Bitcoin purchases by issuing $125 million in new stock.

JUST IN:Public Company Semler Scientific buys another 111 #Bitcoin worth $10 million. pic.twitter.com/jZVyDreqG9

In January, the firm also announced plans to raise an additional $75 million through a private offering of convertible senior notes.

The company’s pivot follows a broader trend sparked by Michael Saylor’s Strategy (formerly MicroStrategy), whose aggressive Bitcoin accumulation has driven its stock price up over 350% in 2024.

Inspired by Strategy’s success, several firms, including Semler, have adopted Bitcoin as a treasury reserve asset.

As of April 25, public companies collectively hold around $71 billion in Bitcoin, according to BitcoinTreasuries.NET.

Strategy remains the largest corporate holder, with a stash exceeding $50 billion, including a recent purchase of 6,556 BTC at an average price of $84,785 per coin.

Public Companies Boost Bitcoin Holdings by 16% in Q1 2025

Publicly traded companies increased their Bitcoin holdings by 16.1% in the first quarter of 2025, signaling continued institutional interest in the leading cryptocurrency despite market volatility.

According to crypto asset manager Bitwise, total corporate Bitcoin holdings climbed to approximately 688,000 BTC by the end of Q1, with companies adding 95,431 BTC over the three-month period.

Bitwise reported the combined value of these holdings reached $56.7 billion, based on a Q1 closing price of $82,445 per Bitcoin—representing a 2.2% increase in value.

The adoption of Bitcoin has also found momentum statewide in the U.S.

According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active.

Just recently, Kentucky Governor Andy Beshear officially signed House Bill 701, known as the “Bitcoin Rights” bill, into law—making the state one of the latest to enact legislation protecting digital asset users and operations.