TechFlow, April 16 — According to a U.S. SEC filing, medical technology company Semler Scientific has submitted an S-3 registration statement to the U.S. Securities and Exchange Commission (SEC), planning to issue up to $500 million in securities, including debt securities, common stock, warrants, and units. The company stated that proceeds from the offering will be used primarily for general corporate purposes, including, but not limited to, purchasing bitcoin.
The filing shows that Semler Scientific adopted bitcoin as a reserve asset in May 2024. As of March 31, 2025, the company held approximately 3,192 bitcoins. The company stated that its healthcare technology solutions business remains its primary operational focus, providing cash flow and supporting the execution of its bitcoin strategy.
