Semler Scientific buys additional 303 BTC, expands its bitcoin treasury’s value to over $180 million

California-based healthcare firm Semler Scientific has bought an additional 303 bitcoin for $29.3 million, bringing its total holdings to 1,873 bitcoin, as the company continues to expand its bitcoin treasury.

The Nasdaq-traded firm announced Thursday that 303 bitcoin were purchased between Nov. 25 and Dec. 4 at an average price of $96,779 per bitcoin, inclusive of fees and expenses.

The firm added that 1,873 bitcoinss were acquired for an aggregate of $147.1 million at an average purchase price of $78,553 per bitcoin.

Semler said its bitcoin treasury strategy yielded 78.7% from July 1st, the quarter after the company adopted the strategy. “We are very pleased to report BTC Yield of 78.7%,” said Eric Semler, chairman of Semler Scientific.

The company said it uses its BTC yield as a key performance indicator (KPI) to evaluate the performance of its bitcoin strategy. “Semler Scientific believes this KPI can be used to supplement an investor’s understanding of Semler Scientific’s decision to fund the purchase of bitcoin by issuing additional shares of its common stock,” the announcement said.

Its bitcoin holdings now stand at 1,873 BTC, valued at around $184 million at the time of writing. It is the 14th largest bitcoin holder among publicly traded companies, behind MicroStrategy, Marathon Digital and others.

Semler Scientific’s stock closed down 7.65% at $58.55 on Thursday but added 1.3% in after-hours trading, according to Google Finance. The stock price has gained 46% over the past month and 32.5% year-to-date.