Semler Scientific joins Michael Saylor’s Strategy in accumulating BTC

Michael Saylor’s Strategy has added 1,895 Bitcoin to its holdings for approximately $180.3 million. The firm acquired the digital assets at an average of $97,167 per BTC, causing the average purchase price for the company stack to surge to $68,550.

Strategy’s last acquisition round included 15,355 BTC purchased at an average price of $92,737 on April 28 at $1.42 billion. The company revealed it now owns slightly over half a million BTC, and a recent filing shows an ambitious $84 billion plan to acquire more Bitcoins.

Strategy acquires additional Bitcoin

$MSTR has acquired 1,895 BTC for ~$180.3 million at ~$95,167 per bitcoin and has achieved BTC Yield of 14.0% YTD 2025. As of 5/4/2025, we hodl 555,450 $BTC acquired for ~$38.08 billion at ~$68,550 per bitcoin. $STRK $STRF https://t.co/rusgfuyCTG

— Michael Saylor (@saylor) May 5, 2025

Strategy (MSTR), led by Executive Chairman Michael Saylor, added 1,895 Bitcoins to its holdings last week. According to a Monday morning SEC filing, the firm purchased the digital currencies for $180.3 million at an average price of $95,167 each.

The crypto company now holds 555,450 BTC purchased for $38.08 billion, or an average price of $68,550 each. At the time of publication, Bitcoin was exchanging hands at $94,000, which brought Strategy’s total holdings north of $52 billion.

The report showed that Strategy’s purchases were funded through sales of $128.5 million common stock and $51.8 million STRK preferred stock. The common stock sale also used up the remainder of the company’s 2024 $21 billion at-the-market offering.

The crypto company also announced an expansion of its 21/21 Plan to a 42/42 Plan – raising $42 billion via issuance of common stock and debt — to a total of $84 billion. Strategy also revealed its decision to increase BTC-related performance targets, including raising its 2025 BTC Yield target to 25% (from 15%) and BTC $ Gain to $15 billion (from $10 billion).

“While the number of companies that have sought to replicate Strategy’s Bitcoin acquisition strategy has continued to grow rapidly … MSTR yesterday issued a reminder of the extent of its first-mover advantage and how its ability to accelerate its accumulation of Bitcoin has continued to increase as its platform has scaled.”

-Mark Palmer, Senior Research Analyst at Benchmark.

Palmer noted his remarks on Friday while reiterating his buy rating and $650 price target. He also argued that Saylor and his team demonstrated the ability to create shareholder value through its treasury operations despite MSTR trading at more than double the value of its BTC holdings.

TD Cowen’s Senior Research Analyst Lance Vitanza acknowledged MSTR’s ambition of the updated strategy, calling it “aggressive perhaps but by no means out of the question.” The analyst noted the crypto firm has already raised $28.3 billion under the original 21/21 Plan. 

He added that its significantly larger $111 billion market cap and deep trading bolster the credibility of the new fundraising efforts. Vitanza also argued that Strategy’s average daily share volume of $5.6 billion suggests that raising another $56.7 billion over the 32 months is realistic.

Saylor said on the company’s post-earnings conference call Thursday evening that the adoption of the Bitcoin standard by more firms is beneficial and will legitimize BTC and attract more capital. He also argued that as more companies join, it will stabilize and drive the digital asset’s price up. 

Selmer Scientific adds 167 Bitcoin

JUST IN: @SemlerSci adds 167 BTC to its treasury for $16.2M.

📊 BTC Yield: 22.2% YTD
🏦 Total Holdings: 3,634 BTC

This marks their third purchase in just 10 days, totaling 443 BTC acquired over that stretch. pic.twitter.com/RzR7zAo6cM

— Bitcoin For Corporations (@BitcoinForCorps) May 5, 2025

Medical device maker Semler Scientific (SMLR) acquired another 167 BTC last week for $16.2 million. According to a Monday morning SEC filing, the company purchased the digital assets at an average price of about $97,000 each.

The report showed the purchases seemed to be mostly or totally funded via sales of common stock. SMLR also disclosed it sold 1.166 million shares for $39.8 million under its April 15 at-the-market offering (the company previously disclosed BTC purchases on April 25 and April 30).

The medical device maker now holds 3,634 Bitcoin acquired for $322.3 million at an average price of $88,668 each. At BTC’s current price of around $94K, the company’s holdings are worth more than $340 million.