📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Semler Scientific Adds $25M in Bitcoin, Boosts Holdings to Nearly $580M
Semler Scientific (NASDAQ: SMLR), a healthcare technology firm, has deepened its commitment to Bitcoin by purchasing 210 BTC between July 3 and July 16. The acquisition, worth approximately $25 million, lifts the company’s total Bitcoin holdings to 4,846 BTC—valued around $578 million at current market prices.
Strategic Bitcoin Expansion
Semler paid an average of $118,974 per Bitcoin for the latest batch, factoring in transaction fees. Overall, the firm’s Bitcoin portfolio has an average cost basis of $93,890 per coin, totaling about $455 million in cumulative investment. As of July 16, those holdings were valued at nearly $577.9 million using Coinbase market data.
The company now ranks as the 14th-largest publicly held Bitcoin owner, surpassing GameStop and trailing just behind industry giants like MicroStrategy, Marathon, Metaplanet, and Tesla.
Key Financial Highlights
Despite the significant crypto gains, the company’s stock has lagged—falling between 22% and 34% year-to-date. Analysts suggest that concerns about share dilution, legal risks, and core business performance are contributing to investor hesitancy.
Semler’s bold Bitcoin strategy, supported by clear KPIs and strategic fundraising, highlights its long-term vision. However, stock underperformance signals that investors remain cautious. They’re weighing crypto ambitions against traditional business fundamentals and broader market risks.
The company aims to continue expanding its Bitcoin reserves, targeting a total of 105,000 BTC by 2027. All eyes will be on its upcoming earnings report, due August 11, to assess whether this high-stakes pivot is delivering more than just digital gains.