Semler Scientific, a technology company in health care, is full of Bitcoin strategy. The company has submitted A new S-3 registration with the SEC, signaling plans to pick up up to $ 500 million. This capital increase would be due to various effects, such as ordinary shares, debts and warrants. Although the money will be used for general business purposes, the company clearly stated that part will go to buy more Bitcoin.
Already an important bitcoin holder
Semler is not new to crypto; They already have 3,192 BTC and have steadily raised its stock. In February the company added 871 BTC for $ 88.5 million, with on average more than $ 101,000 per coin. That followed a separate purchase of $ 30 million at the end of last year. Despite Bitcoin’s recent dip under $ 99,000, Semler seems to be committed to his long-term crypto strategy.
Semler Scientific CEO Eric Semler claims that he is ‘enthusiastic to buy more BTC’.
Bitcoin as a business community
In particular, this shift is more than the investment strategy, it is part of a larger reversal story. Before hired his Bitcoin Treasury strategy in May 2024, Semler was seen as a stagnant rich policy for public company with solid cash reserves but poor stock performance. Now, with one of the largest BTC companies among public companies, it is to reinvent themselves. The company believes that Bitcoin is not only a hedge against inflation, but a safe haven in times of global uncertainty.
DOJ settlement Handling
At the same time, the company navigates a major legal obstacle. Semler recently reached a provisional settlement of $ 29.75 million with the Ministry of Justice for accusations coupled to how it marketed his quanta -product product. To repay this settlement, the company is planning to borrow from Coinbase and use Bitcoin Holdings as collateral. It will also use its existing money to cover part of the costs.
Still a risky strategy
Even with his daring Bitcoin posture, the stock of Semler did not see the boost you would expect. The share price has fallen by 37% this year so far. Nevertheless, the company states that Bitcoin is a long -termactive that it is worth keeping. By continuing to build his crypto-portfolio and reform how it does business, Semler clearly bets that this strategy with high deployment will ultimately pay off.