
Semler Scientific
Company Information
Stock Chart
Business Model
Business Mode
Semler Scientific was originally a medical technology company, primarily providing vascular testing equipment (such as QuantaFlo). However, starting in May 2024, the company announced the adoption of the "Bitcoin Standard," shifting its business focus to Bitcoin investment, with specific models including: Large-scale Bitcoin accumulation: planning to hold 105,000 BTC by 2027, becoming one of the largest corporate Bitcoin holders in the world. 146. Bitcoin Strategy Department: Hired Joe Burnett (former analyst at Unchained Capital) as the Director of Bitcoin Strategy, responsible for long-term position management. Financing support for acquisition: through equity financing (such as the issuance of $500 million securities in April 2025), debt financing, and operating cash flow to purchase BTC
Profit Model
Bitcoin appreciation gains: As of June 2025, the company holds 4,449 BTC, with a book value of $462 million, achieving a return of 287% (profit of $177 million) 148. In the future, if the price of BTC rises, unrealized gains will further expand. Market financing cycle: Through issuing additional shares for financing → purchasing BTC → stock price increase → refinancing, forming a positive cycle. Potential Financialization of Bitcoin: Possible exploration of BTC staking lending, derivatives trading, etc. (not officially disclosed yet)
Profit Model Impact
Stock price drive: After the announcement of the Bitcoin strategy, the company's stock price soared 740% in a single day, and its market value surged by 5 in the short term. Anti-inflation and Dollar Depreciation: The company clearly views BTC as "digital gold," a long-term hedge against the depreciation risk of fiat currency. Industry Benchmark Effect: As the second publicly listed company in the United States to adopt the Bitcoin standard (after Micro Strategy), it encourages more companies to follow suit. Currently, over 230 companies worldwide have incorporated BTC into their financial reserves.
Impact on Cryptocurrencies
Bitcoin ( BTC ): Direct demand push: If we increase our holdings by 105,000 BTC (accounting for 0.5% of the circulating supply) as planned, it may reduce market supply and drive up prices. Institutional confidence is strengthening: reinforcing BTC as a narrative of "corporate reserve asset" to attract more traditional capital into the market.