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Semler Scientific expanded its Bitcoin treasury with nearly a $30 million purchase and reported a 58.4% BTC yield since adopting its crypto strategy. 
Healthcare tech company Semler Scientific increased its Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) holdings by acquiring 297 BTC for $29.1 million between Nov. 18 and Nov. 22, at an average price of $97,995 per BTC, according to Nov. 25 <a href="https://crypto.news/semler-scientific-buys-215-more-bitcoin-raises-21-5m-in-equity-offering/" target="_blank">press release</a>. 
As a result of the company’s latest transactions, its total crypto holdings now amount to 1,570 BTC, purchased at a cumulative cost of $117.8 million and an average price of $75,039 per BTC, the press release noted. 
The healthcare technology firm, which adopted a Bitcoin treasury strategy earlier this year, also reported a 58.4% BTC yield since July 1. Between Oct. 1 and Nov. 22, Semler achieved a 37.1% BTC yield. As crypto.news <a href="https://crypto.news/semler-scientific-buys-215-more-bitcoin-raises-21-5m-in-equity-offering/" target="_blank">reported</a> earlier, the company tracks the success of its Bitcoin strategy with a metric called BTC Yield, which measures changes in the ratio of Bitcoin holdings to its diluted shares outstanding. 
 You might also like: <a rel="" href="https://crypto.news/semler-scientific-eyes-further-bitcoin-purchases-after-buying-47-btc-in-q3/"> Semler Scientific eyes further Bitcoin purchases after buying 47 BTC in Q3 </a> 
<h2 class="wp-block-heading" id="semler-doubles-atm-equity-offering">Semler doubles ATM equity offering</h2> 
Semler Scientific chairman Eric Semler highlighted the company’s success in leveraging Bitcoin as a strategic asset, stating the team is “thrilled to report a 58.4% BTC Yield and the outstanding progress we are making to accumulate Bitcoin on our balance sheet in a highly accretive way for our stakeholders.” 
Additionally, Semler updated its capital markets initiatives. The Santa Clara-headquartered company doubled the size of its at-the-market equity offering, increasing the total to $100 million. As of Nov. 22, Semler had raised $50 million in gross proceeds under the program, according to the press release. 
 Read more: <a rel="" href="https://crypto.news/semler-scientific-unveils-strategy-for-bitcoin-treasury/"> Semler Scientific unveils strategy for Bitcoin Treasury </a>

Semler Scientific adds $30m in Bitcoin, boosts ATM offering to $100m

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