Semler Scientific expands bitcoin holdings, updates ATM strategy By Investing.com
SANTA CLARA, Calif. – Semler Scientific, Inc. (NASDAQ:), a company specializing in healthcare technology products with an impressive 88% gross profit margin, has disclosed recent activities surrounding its bitcoin investments and capital market strategies, including its at-the-market (ATM) equity offering program. According to InvestingPro analysis, the company maintains excellent financial health with strong profitability metrics and operates with minimal debt.
From December 16, 2024, to January 10, 2025, Semler Scientific acquired an additional 237 bitcoins at an average price of $98,267 per coin, totaling $23.3 million. These purchases were funded through the company’s ATM offering and operating cash flow. As a result, the company’s…
