Semler Scientific, a healthcare technology company, announced on April 25 that it has purchased approximately $10 million worth of Bitcoin since February 14. The acquisition included 111 Bitcoin at an average price of around $90,000 per coin, raising its total Bitcoin holdings to over 3,300, valued at about $300 million. This investment has yielded stockholders a Bitcoin yield of 23.5% year-to-date, indicating a growth in the ratio of BTC to outstanding shares. Semler has financed its Bitcoin buys, in part, by issuing $125 million in new stock and raising an additional $75 million through a private offering of convertible senior notes in January. The company’s strategic purchases come amid a trend of corporate Bitcoin accumulation, with organizations looking to bolster their financial positions. As of now, corporate Bitcoin holdings amount to about $71 billion, with several public companies, including Semler, joining in the trend of establishing Bitcoin treasuries to harness the cryptocurrency's appreciating value.

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