Semler Scientific reports updated BTC and ATM activity

Semler Scientific (SMLR) announced updates regarding its bitcoin – BTC – activity and holdings, capital markets activity, and BTC Yield, a key performance indicator. Between November 25, 2024 and December 4, 2024, Semler Scientific acquired 303 bitcoins for $29.3M with proceeds generated from its at-the-market – ATM – offering at an average price of $96,779 per bitcoin, inclusive of fees and expenses. As of December 4, 2024, Semler Scientific held 1,873 bitcoins, which were acquired for an aggregate $147.1M at an average purchase price of $78,553 per bitcoin, inclusive of fees and expenses. Semler Scientific entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald pursuant to which Semler Scientific may offer and sell from time to time its common stock in an ATM offering. On November 25, Semler Scientific filed a prospectus supplement to its S-3 Shelf to offer an additional $50.0M of shares under its existing ATM offering with Cantor, increasing the total amount offered under the ATM to $100.0M. As of December 4, 2024, Semler Scientific has generated approximately $79.8M of gross proceeds from sales under the ATM offering. From October 1, 2024 to December 4, 2024, Semler Scientific’s BTC Yield was 54.7%.