Thu Dec 05 16:09:25 UTC 2024: **Semler Scientific Acquires More Bitcoin, Reports Strong BTC Yield**
**SANTA CLARA, Calif., Dec. 5, 2024** – Semler Scientific, Inc. (Nasdaq: SMLR), a healthcare technology company, announced today that it significantly increased its Bitcoin holdings and reported a robust BTC Yield. Between November 25th and December 4th, the company acquired 303 Bitcoins for $29.3 million through an at-the-market (ATM) offering, bringing its total Bitcoin holdings to 1,873, acquired at an average price of $78,553.
The company’s “BTC Yield,” a key performance indicator (KPI) representing the percentage change in the ratio of Bitcoin holdings to diluted shares outstanding, reached 78.7% from July 1st to December 4th, 2024. This reflects a substantial increase from the 54.7% yield recorded between October 1st and December 4th.
Semler Scientific also announced that it has increased its ATM offering by $50 million, bringing the total to $100 million. To date, approximately $79.8 million in gross proceeds has been generated from this offering. The company has requested approval from options exchanges to allow options trading on its stock.
“We are very pleased to report a BTC Yield of 78.7%,” stated Eric Semler, chairman of Semler Scientific. However, the company emphasizes that BTC Yield is a supplemental KPI, not a measure of operating performance or return on investment for stockholders. It should be interpreted cautiously and is intended for sophisticated investors.
Semler Scientific develops and markets technology products and services for healthcare providers, including its flagship QuantaFlo® device for diagnosing cardiovascular diseases. The company’s investment in Bitcoin is a key part of its treasury strategy. Investors are urged to consult Semler Scientific’s SEC filings for complete financial information.
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