Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Semler Scientific Files for $500 Million Raise to Fuel Bitcoin Investment Strategy

Share This Post

Bitcoin Price Soars Amid Trade News_ What’s Driving the Cryptocurrency Surge

The post Semler Scientific Files for $500 Million Raise to Fuel Bitcoin Investment Strategy appeared first on Coinpedia Fintech News

Semler Scientific, a healthcare tech company, is going full steam ahead with its Bitcoin strategy. The company has filed a new S-3 registration with the SEC, signaling plans to raise to $500 million. This capital raise would come through a variety of securities like common stock, debt, and warrants. While the funds will be used for general corporate purposes, the company clearly stated that a portion will go toward buying more Bitcoin.

Already a Major Bitcoin Holder

Semler is not new to crypto; they already own 3,192 BTC and has been steadily increasing its stash. Back in February, the company added 871 BTC for $88.5 million, paying an average of over $101,000 per coin. That followed a separate $30 million purchase late last year. Despite Bitcoin’s recent dip below $99,000, Semler appears committed to its long-term crypto strategy.

Semler Scientific CEO Eric Semler claims he’s “excited to buy more BTC.” 

Bitcoin as a Corporate Lifeline

Notably, this shift is more than the investment strategy, it’s part of a larger turnaround story. Before adopting its Bitcoin treasury strategy in May 2024, Semler was viewed as a stagnant rich public company with solid cash reserves but poor stock performance. Now, with one of the largest BTC holdings among public companies, it’s reinventing itself. The firm believes Bitcoin is not just a hedge against inflation but a safe haven during times of global uncertainty.

Dealing DOJ Settlement

At the same time, the company is navigating a major legal hurdle. Semler recently reached a tentative $29.75 million settlement with the Department of Justice over allegations tied to how it marketed its QuantaFlo product. To pay off this settlement, the company plans to borrow from Coinbase and use its Bitcoin holdings as collateral. It will also tap into its existing cash on hand to cover part of the cost.

Still a High-Risk Strategy

Even with its bold Bitcoin stance, Semler’s stock hasn’t seen the boost you’d expect. The share price has fallen 37% so far this year. Still, the company is standing firm on its belief that Bitcoin is a long-term asset worth holding. By continuing to build its crypto portfolio and reshaping how it does business, Semler is clearly betting that this high-stakes strategy will eventually pay off.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Still Under $0.03, MUTM Could Outperform SHIB and PEPE in 2025 ROI Potential

The post Still Under $003, MUTM Could Outperform SHIB and PEPE in 2025 ROI Potential appeared first on Coinpedia Fintech News In the world of digital assets, finding a project that combines utility,

Coinpedia Digest: This Week’s Top Crypto News Highlights | 26 April, 2025

The post Coinpedia Digest: This Week’s Top Crypto News Highlights | 26 April, 2025 appeared first on Coinpedia Fintech News If you blinked this week, you missed a lot There’s been a wave of

Solaxy and BTC Bull Token Lead the Charge Among Promising New Crypto Presales

The post Solaxy and BTC Bull Token Lead the Charge Among Promising New Crypto Presales appeared first on Coinpedia Fintech News Among the standout presales, BTC Bull Token (BTCBULL) and Solaxy

BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today

The post BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today appeared first on Coinpedia Fintech News Asset management giant BlackRock made major moves today, purchasing $240

Bitcoin Sees 4th Dip in Funding Rates This Year — What Does This Mean For BTC?

Bitcoin’s recovery continues to show momentum, with the asset currently trading at $94,288 after gaining 16% over the past 24 hours The price has now risen nearly 15% over the past two weeks,

Slovenia Capital Ljubljana Tops Global Crypto-Friendly Cities Ranking

Slovenia’s capital, Ljubljana, has been named the most crypto-friendly city in the Multipolitan Crypto Friendly Cities Index The ranking is attributed to the city’s strong digital asset