Semler Scientific Inc Stock Price, News & Analysis

Semler Scientific (NASDAQ: SMLR) has appointed Natalie Brunell to its board of directors. As the 4th largest U.S. public company on the Bitcoin Standard in terms of Bitcoin holdings, this appointment aligns with the company's Bitcoin treasury strategy. Brunell, a respected journalist and educator known for her Bitcoin advocacy, will contribute to the company's strategic direction in corporate treasury management using Bitcoin as its primary reserve asset.

Semler Scientific (NASDAQ: SMLR) reported Q1 2025 financial results and significant bitcoin treasury activities. The company now holds 3,808 BTC valued at $387.9 million, achieving a BTC Yield of 22.2% YTD. Q1 2025 financial results showed revenues of $8.8 million, down 44% year-over-year, with a net loss of $64.7 million. Key developments include: a $500 million ATM equity offering program, issuance of $100 million in convertible notes, and a $29.75 million DOJ settlement agreement. The company purchased 894 bitcoins in Q1 for $90.7 million and an additional 616 bitcoins through May 12 for $59.6 million. Semler also launched a new bitcoin dashboard on their website for transparent disclosure of holdings and metrics.

Semler Scientific announced significant updates to its bitcoin (BTC) holdings and activities. The company acquired 165 BTC between April 25-29, 2025, for $15.7 million at an average price of $94,931 per bitcoin. Their total holdings now stand at 3,467 BTC, purchased for $306.1 million at an average cost of $88,263 per bitcoin.

The company launched a $500 million ATM offering program, selling 559,000 shares for net proceeds of $19.5 million. Semler's BTC Yield reached 23.8% YTD through April 29, 2025. The company's basic shares outstanding increased from 9,557,000 to 10,430,000.

Semler will report Q1 2025 financial results on May 13, 2025, after market close. The company uses BTC Yield as a key performance indicator to assess its strategy of acquiring bitcoin in a manner believed to be accretive to stockholders.

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.