Semler Scientific, a health care technology company, is running completely forward in the Bitcoin strategy. The company has foot New S-3 registration with SEC, plans to collect signals to $ 500 million. This capital increase will come through a variety of securities such as shared shares, debt and notes. While the money will be used for public companies, the company clearly stated that a part will go to buy more bitcoin.
Already a major bitcoin holder
Semler is not new on Crypto; They already own 3,192 BTC, and it has become steadily hidden. In February, the company added 871 BTC for 88.5 million dollars, and on average it paid more than $ 101,000 per currency. After that, after a separate purchase of $ 30 million in late last year. Although Bitcoin has declined to less than $ 99,000, Semler seems to be committed to a long -term encryption strategy.
Semler Scientific Eric Seemler’s CEO is “excited to buy more BTC”.
Bitcoin as a lifestyle for companies
It is worth noting that this shift is more than the investment strategy, it is part of a greater transformation story. Before adopting the Bitcoin strategy of the Treasury in May 2024, Semler was seen as a rich, stagnant public company with strong cash reserves but the performance of bad stocks. Now, with one of the largest BTC holdings between public companies, they invented themselves. The company believes that bitcoin is not just a hedge against inflation, but it is a safe haven during the times of global uncertainty.
Dealing with the settlement of the Ministry of Justice
At the same time, the company is moving in a major legal obstacle. Semler has recently reached an initial settlement of $ 29.75 million with the Ministry of Justice regarding allegations related to how its QUANTAFLO product is marketing. To pay this settlement, the company plans to borrow from Coinbase and use Bitcoin’s bitules as a guarantee. He will also benefit from his current money on hand to cover part of the cost.
It is still a high risk strategy
Even with the bold Bitcoin position, Semler’s arrow did not see the support you expect. The share price has decreased by 37 % so far this year. However, the company is firmly standing on its belief that Bitcoin is long -term assets that deserve to be kept. By continuing to build the encryption portfolio and reshape how it works, Semler is clearly betting that the high risk strategy will eventually bear fruit.
