Welcome to our dedicated page for Semler Scientific news (Ticker: SMLR), a resource for investors and traders seeking the latest updates and insights on Semler Scientific stock.
Semler Scientific, Inc. (SMLR) combines cutting-edge healthcare diagnostics with innovative financial strategies, making it a unique player in medical technology and digital asset management. This news hub provides investors with essential updates on the company's FDA-cleared QuantaFlo® system and its disciplined bitcoin treasury approach.
Find timely press releases covering regulatory milestones, product developments, earnings reports alongside strategic financial decisions. Our curated collection helps stakeholders track both medical innovations and digital asset performance metrics like BTC Yield - crucial for understanding SMLR's dual-focused value proposition.
Key updates include chronic disease management advancements, cardiovascular diagnostic innovations, and treasury strategy evolution. Bookmark this page for centralized access to SMLR's latest operational developments and financial disclosures, enabling informed analysis of its healthcare technology leadership and digital asset integration.
Semler Scientific (NASDAQ: SMLR) has announced significant updates to its bitcoin (BTC) holdings and ATM equity offering activities. Between February 14 and April 24, 2025, the company acquired 111 bitcoins for $10.0 million at an average price of $90,124 per bitcoin. As of April 24, 2025, SMLR holds 3,303 bitcoins, acquired for $290.4 million at an average price of $87,929, with a current market value of $309.1 million.
The company has completed its initial ATM offering, raising approximately $126.0 million through the sale of 2,438,274 shares. A new ATM offering program for up to $500.0 million has been established, with 57,100 shares already sold for net proceeds of $2.0 million. SMLR reports a Bitcoin Yield (BTC Yield) of 23.5% YTD through April 24, 2025, which serves as a key performance indicator for assessing their bitcoin acquisition strategy's effectiveness.
Semler Scientific (SMLR) reported its Q4 and full-year 2024 financial results, highlighting a significant shift in strategy towards bitcoin treasury. The company holds 3,192 bitcoins valued at approximately $300 million, acquired through operating cashflow and various financing methods.
For FY2024, SMLR reported revenues of $56.3 million, a 17% decrease from 2023's $68.2 million. Income from operations was $20.9 million, down 6% year-over-year. Net income increased 99% to $40.9 million, including a $24.9 million unrealized gain from bitcoin holdings.
The company raised funds through an ATM offering, selling 2,197,988 shares for net proceeds of $119.6 million, and issued $100 million in convertible notes. SMLR's BTC Yield KPI reached 107% since July 2024, reflecting the company's strategic pivot to bitcoin accumulation as a means to maximize stockholder value.
Semler Scientific (SMLR) has expanded its bitcoin holdings with the acquisition of 871 BTC for $88.5 million between January 11-February 3, 2025. The purchase was funded through convertible notes and partial monetization of its Monarch Medical Technologies investment. The average purchase price was $101,616 per bitcoin.
As of February 3, 2025, SMLR holds 3,192 bitcoins, acquired at an aggregate cost of $280.4 million (average price: $87,854 per BTC). The company reported impressive BTC Yield metrics: 21.9% from January 1-February 3, 2025, and 152.2% since implementing its bitcoin treasury strategy in July 2024.
The company's diluted shares outstanding increased to 11,672,000 as of February 3, 2025, compared to 8,086,000 on June 30, 2024, reflecting the impact of convertible notes and stock options.
Semler Scientific (NASDAQ: SMLR) has announced the pricing of $85.0 million in 4.25% convertible senior notes due 2030, an increase from the previously announced $75.0 million. The notes, offered to qualified institutional buyers, will mature on August 1, 2030, with semiannual interest payments beginning August 1, 2025.
The initial conversion rate is 13.0826 shares per $1,000 principal amount, equivalent to approximately $76.44 per share, representing a 25% premium over the last reported stock price. The company expects net proceeds of approximately $81.4 million, with $6.6 million allocated to capped call transactions and the remainder for general corporate purposes, including bitcoin acquisition.
The company has implemented capped call transactions with a cap price of $107.01, representing a 75% premium over the current stock price, to offset potential dilution from note conversions.
Semler Scientific (SMLR) released preliminary unaudited Q4 2024 financial results, highlighting revenues between $12.1-12.5 million and operating income of $3.4-3.7 million. The company reported a significant unrealized gain of approximately $28.9 million from changes in bitcoin holdings' fair value.
As of January 17, 2025, Semler holds 2,321 bitcoins, acquired for $191.9 million at an average price of $82,689 per bitcoin, including fees. The company's cash, restricted cash, and cash equivalents stood at approximately $9.0 million as of December 31, 2024.
Complete Q4 and full-year 2024 financial results will be announced after market close on February 18, 2025, followed by a conference call with management.
Semler Scientific (NASDAQ: SMLR) has announced plans to offer $75.0 million in convertible senior notes due 2030 through a private offering to qualified institutional buyers. The company will grant initial purchasers an option for an additional $15.0 million in notes within a 13-day period.
The notes will be senior unsecured obligations with semiannual interest payments. Upon conversion, Semler can choose to pay in cash, common stock shares, or a combination thereof. The company plans to use the proceeds to fund capped call transactions and for general corporate purposes, including bitcoin acquisition.
The capped call transactions are designed to offset potential dilution from note conversion. The offering's completion depends on market conditions, with specific terms including interest rate and conversion rate to be determined at pricing.
Semler Scientific (NASDAQ: SMLR) has reported significant bitcoin acquisition activity between December 16, 2024, and January 10, 2025, purchasing 237 bitcoins for $23.3 million at an average price of $98,267 per bitcoin. The company's total bitcoin holdings now stand at 2,321 BTC, acquired for $191.9 million at an average price of $82,687 per bitcoin.
The company has expanded its ATM offering with Cantor Fitzgerald, increasing the total amount to $150 million, of which $121.8 million has been generated in gross proceeds. Semler's BTC Yield, a key performance indicator measuring the ratio between bitcoin holdings and assumed diluted shares, reached 72.6% from October to January and 99.3% since July 2024.
The company's basic shares outstanding increased from 6,988,000 in June 2024 to 9,597,000 in January 2025, with assumed diluted shares rising from 8,086,000 to 10,738,000 during the same period.
Semler Scientific (NASDAQ: SMLR) has expanded its bitcoin holdings by acquiring 211 BTC for $21.5 million between December 5-15, 2024, at an average price of $101,890 per bitcoin. The company now holds 2,084 BTC, purchased for $168.6 million at an average price of $80,916 per bitcoin.
The company has filed to increase its ATM offering by $50 million to $150 million total, having already generated $100 million in gross proceeds. Semler's BTC Yield, a key performance indicator measuring bitcoin holdings relative to diluted shares, reached 67.0% from October to December 2024 and 92.8% from July to December 2024.
Semler Scientific (SMLR) announced significant updates to its bitcoin (BTC) holdings and capital markets activity. Between November 25-December 4, 2024, the company acquired 303 bitcoins for $29.3 million at an average price of $96,779 per bitcoin. As of December 4, 2024, SMLR holds 1,873 bitcoins, acquired for $147.1 million at an average of $78,553 per bitcoin.
The company expanded its ATM offering with Cantor Fitzgerald by an additional $50 million, bringing the total to $100 million, of which $79.8 million has been generated. SMLR reported a BTC Yield of 54.7% from October-December 2024 and 78.7% from July-December 2024. The company's basic shares outstanding increased to 8,813,000 as of December 4, 2024.
Semler Scientific (NASDAQ: SMLR) announced significant updates to its bitcoin holdings and capital market activities. The company purchased 297 additional bitcoins for $29.1 million between November 18-22, 2024, at an average price of $97,995 per bitcoin. Their total bitcoin holdings now stand at 1,570 BTC, acquired for $117.8 million at an average price of $75,039 per bitcoin.
The company also launched an additional $50.0 million ATM offering, increasing the total ATM offering to $100.0 million. Semler reported a BTC Yield of 37.1% from October to November 2024, and 58.4% since implementing its bitcoin treasury strategy in July 2024.
