Medical Device Maker Semler Scientific (SMLR) Adds To Bitcoin (BTC) Stack With $10M Buy

Semler Scientific (SMLR) purchased an extra 111 bitcoin (BTC) for a mean buy value of $90,124, utilizing proceeds from at-the-market providing and money readily available, it introduced in a press launch.

This brings the medical gadget maker’s whole bitcoin holdings to three,303 BTC, which have been bought at a complete price of $290.4 million.

Semler mentioned its year-to-date bitcoin yield — the share change within the ratio of its bitcoin holdings to its full-diluted shares excellent over a given interval — was 23.5%, down from 152.2% in February.

Shares of the corporate are down 36.92% for the reason that starting of the yr.