Semler Scientific Expands Fundraising to $150 Million, Purchases 2,084 BTC Amid Bitcoin Surge

On December 17, financial updates from COINOTAG highlighted a pivotal move by Semler Scientific, a company publicly traded in the US. In its latest regulatory filing under the S-3 Shelf prospectus, Semler has successfully raised an additional $50 million, thereby increasing its automatic shelf registration (ATM) fundraising capacity to a total of $150 million. This strategic capital infusion underscores the firm’s robust growth trajectory in the volatile landscape of cryptocurrency investment.

Notably, Semler Scientific has acquired a substantial 2,084 BTC, amounting to an investment of $168.6 million at an average purchase price of approximately $81,000 per Bitcoin. Given the current market valuation of Bitcoin near $106,500, the firm’s cryptocurrency holdings now represent a significant value estimated at around $222 million, reflecting the potential for dynamic growth and enhanced asset diversification within its portfolio.