Semler Scientific added 47 bitcoin to its treasury, taking the healthcare technology company’s holdings to 1,058 BTC. A November 5, 2024 report said the firm as of Nov. 4 holds 1,058 bitcoin, having purchased 47 BTC for $3 million, and that Semler has spent $71 million.
That purchase was one step in a buying programme rather than a one-off trade, and the disclosures that followed it show how quickly the position kept growing.
Key Takeaways
- The purchase: 47 BTC for $3 million, per a November 5, 2024 report.
- The position after it: 1,058 bitcoin as of Nov. 4, against $71 million spent, according to the same report.
- The policy behind it: the company’s bitcoin treasury page states that in May 2024, Semler Scientific, Inc. (Nasdaq: SMLR) adopted Bitcoin as its primary treasury reserve asset.
- What came next: 1,273 bitcoins as of November 15, 2024, 2,321 bitcoins as of January 10, 2025, and 4,636 Bitcoins as of June 30, 2025.
- Cost basis moved with the buying: an average purchase price of $82,687 per bitcoin as of January 10, 2025 and $92,753 per bitcoin reported on July 7, 2025.
The Purchase In Detail
The addition itself was modest next to the stack it joined. The November 5, 2024 report puts the trade at 47 BTC for $3 million and the resulting position at 1,058 bitcoin as of Nov. 4, with $71 million spent by the company on bitcoin.
Two numbers are worth separating when you read a treasury announcement like this one. The first is the size of the individual purchase, which tells you about pacing. The second is the cumulative amount spent, which tells you how much capital the balance sheet has actually committed. A 47 BTC purchase is a small increment; $71 million spent to reach 1,058 bitcoin is the figure that describes the commitment.
Why Bitcoin Sits On This Balance Sheet
Semler Scientific is a public healthcare technology company, not a crypto business, which is what made the treasury policy notable in the first place. Its bitcoin treasury page states that in May 2024, Semler Scientific, Inc. (Nasdaq: SMLR) adopted Bitcoin as its primary treasury reserve asset, and frames the holding in terms of store of value and investment.
That wording matters more than any single purchase. A company that treats bitcoin as its primary treasury reserve asset is not making an opportunistic trade; it is describing where cash raised and held by the business is expected to sit. The 47 BTC purchase is best read as one execution of that stated policy.
Where The Treasury Went Next
The 1,058 BTC figure did not stand for long. Semler Scientific announced that it raised $21.5 million and purchased an additional 215 BTC, holding an aggregate of 1,273 bitcoins as of November 15, 2024, with a BTC yield of 37.3%.
A later company announcement reported that as of January 10, 2025, Semler Scientific held 2,321 bitcoins, acquired for an aggregate $191.9 million at an average purchase price of $82,687 per bitcoin. Weeks later, a February 4, 2025 report said the company acquired 871 more Bitcoin for $88.5 million, with total holdings standing at 3,192 BTC, worth $320 million.
By the middle of the following year the position had roughly quadrupled from the 1,058 BTC covered here. A filing states that as of June 30, 2025, Semler Scientific held 4,636 Bitcoins with a fair value of $496.9 million. A July 7, 2025 report described a further purchase of 187 bitcoin for $20 million, putting total holdings at 4,636 BTC, worth approximately $502 million, bought at an average price of $92,753 per bitcoin.
What The Cost Basis Tells You
Average purchase price is the most useful single number for judging a treasury programme over time, because it aggregates every buy rather than the flattering ones. Semler’s disclosed average moved from $82,687 per bitcoin as of January 10, 2025 to $92,753 per bitcoin reported on July 7, 2025 as the company kept adding coins.
Alongside the average cost, the company has also published a BTC yield metric, reported as 37.3% alongside the 1,273 bitcoins held as of November 15, 2024. Treat company-defined metrics as company-defined: read them next to the raw coin count and the aggregate amount spent rather than instead of them.
How To Track This Yourself
Holdings change with each announcement, so the coin count in any article is a snapshot with a date attached. The durable sources are the company’s own press releases and its filings with the SEC, both of which state holdings as of a specific date and the aggregate purchase price paid. If a figure you read has no date and no filing behind it, it is not worth acting on.
Frequently Asked Questions
How much bitcoin did Semler Scientific buy?
The November 5, 2024 report said the firm purchased 47 BTC for $3 million and, as of Nov. 4, held 1,058 bitcoin, having spent $71 million.
When did Semler Scientific start buying bitcoin?
The company’s treasury page states that in May 2024, Semler Scientific, Inc. (Nasdaq: SMLR) adopted Bitcoin as its primary treasury reserve asset.
How many bitcoin does the company hold now?
The count rises with each purchase, so check the newest filing. A filing states that as of June 30, 2025, Semler Scientific held 4,636 Bitcoins with a fair value of $496.9 million.
What did the company pay per coin?
Its disclosed average purchase price was $82,687 per bitcoin as of January 10, 2025, rising to $92,753 per bitcoin reported on July 7, 2025.
Bottom Line
The 47 BTC purchase that lifted Semler Scientific to 1,058 bitcoin reads differently once you see what followed it: a stated policy of holding bitcoin as the primary treasury reserve asset, repeated purchases, and a position that reached 4,636 Bitcoins with a fair value of $496.9 million as of June 30, 2025. Judge a corporate bitcoin treasury by the dated disclosures behind it, not by any one announcement.
