Semler Scientific Plans $500 Million Bitcoin Purchase, Raises Funds Through SEC Offering

Medical technology company Semler Scientific has filed a $500 million mixed shelf offering with the U.S. Securities and Exchange Commission (SEC), aiming to use the proceeds for potential Bitcoin acquisition. The prospectus outlines plans to offer securities totaling up to $500 million, potentially including various types of securities. The company also intends to provide further details on specific terms and conditions in forthcoming prospectus supplements. Semler may utilize these offerings both directly with investors or through agents, underwriters, and brokers.