Alright, so here’s this wild ride of an article I’ve pieced together for you:
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So, get this — today, Semler Scientific, in one of those moves that makes you go “huh?”, bought a fairly decent chunk of Bitcoin. I mean, we’re talking 185 Bitcoins between May 23 and June 3. They threw a staggering $20 million at it, all part of their ATM offering program — not the kind you get cash from (I think), but some fancy financial strategy. Each Bitcoin came in at $107,974. Yup, you read that right.
Oh yeah, and there’s this thing by Eric Semler, who’s the chairman — he’s all pumped about growing their Bitcoin stash. They’re launching this dashboard on their website too, so now we can all peek at their Bitcoin, like it’s the new zoo exhibit. Oddly satisfying, right?
Since April 2025, through this ATM thing, Semler has actually been raising quite the mountain of cash. $136.2 million to be exact, by selling off more than 3.6 million shares of common stock. Common stock? More like common “Oh, that’s where my money went!”
By the way, by June 3, Semler has this treasure trove of 4,449 Bitcoin. If you’re wondering, that adventure cost them $410.0 million, averaging out to $92,158 per Bitcoin. Funny thing, the market says those Bitcoins were worth about $446.2 million — at least, when I last checked!
Oh, and Eric Semler blasted out something on Twitter — sorry, it’s “X” now — about their haul. Something about a 26.7% yield year-to-date. I blinked for a second and almost missed it. Now they’re sitting on 4,449 Bitcoin. Not sure why, but that number’s kinda stuck with me.
Semler is all about using this BTC Yield as some mystical performance measure — helping investors feel all warm and fuzzy (or not) about their Bitcoin dreams. Their latest escapade saw a 26.7% yield year-to-date. Sounds fancy, but honestly, who can keep up?
Diving into some financial scrambling — their Q1 FY2025, and boy, was it a ride. They only hit $8.8 million in revenue, which, if you love numbers, is a 44% drop from last year. Operating expenses went a little haywire at $39.9 million. Blame a $29.8 million “Oops, DOJ’s on us” liability deal. That left them with a $31.1 million operational abyss, compared to last year’s $7 million profit. Yeah, ouch!
In the midst of the chaos, Doug Murphy-Chutorian — Semler’s CEO slash optimist-in-chief — mentioned something hopeful about their cardiovascular product line. Apparently, they threw it into their big customer base and are now waiting for it to sprout money. It’s meant to grow and churn out cash for their Bitcoin gnome savings. I mean, stranger things have happened.
And there you have it — Semler’s wild Bitcoin adventure. Whether it makes you laugh, cry, or just scratch your head, it’s the craziness of money today. Just try to keep up!
