Have you heard the news? Semler Scientific has expanded its crypto portfolio by acquiring an additional 187 Bitcoins, surpassing a whopping 4,600 BTC in total holdings. This strategic move, detailed in a recent SEC filing, showcases Semler's unwavering commitment to digital assets.
Embracing Bitcoin: A Strategic Investment
The Path to Growth
Between June 4 and July 2, Semler Scientific secured 187 Bitcoins, valued at around $20 million. This endeavor, funded through Semler's innovative at-the-market stock program, underscores the company's forward-thinking approach to wealth creation.
Charting Success: BTC Yield
Having accumulated 4,636 BTC at an average price of $92,753 per coin, Semler's investment stands at approximately $430 million, inclusive of fees. The company's proprietary "BTC Yield" metric highlights a remarkable value appreciation, currently at 29% year-to-date.
Strategic Partnerships and Growth Vision
Building Partnerships for Success
In a strategic move, Semler teamed up with industry giants including Barclays Capital, Canaccord Genuity, and more to sell up to $500 million of its common stock. This collaboration has resulted in a substantial capital raise, further fueling Semler's Bitcoin acquisition strategy.
Leadership Reinforcement
June saw the appointment of Joe Burnett as Semler's Director of Bitcoin Strategy, a pivotal role in steering the company's ambitious accumulation plan. With Burnett's expertise from renowned firms like Unchained and Blockware Solutions, Semler is poised for exponential growth.
Future Aspirations: A Roadmap to Success
Setting the Bar High
Semler's vision is crystal clear: to hold 10,000 BTC by the end of 2025, 42,000 by 2026, and an impressive 105,000 by 2027. This strategic roadmap positions Semler as a frontrunner in the digital asset landscape, driving unparalleled growth and innovation.
Join us on this thrilling journey as Semler Scientific continues to redefine success in the realm of digital investments. Embrace the future with Semler, where every step is a leap towards unlocking new horizons. Your success story starts here!
Frequently Asked Questions
How much gold should you have in your portfolio?
The amount of money you need to make depends on how much capital you are looking for. A small investment of $5k-10k would be a great option if you are looking to start small. Then as you grow, you could move into an office space and rent out desks, etc. You don't need to worry about paying rent every month. You only pay one month.
You also need to consider what type of business you will run. In my case, I run a website-creation company. Our clients pay us between $1000-2000/month and depending on their order. This is why you should consider what you expect from each client if you're doing this kind of thing.
As freelance work requires you to be paid freelancers, your monthly salary won't be as high as mine. You may get paid just once every 6 months.
So you need to decide what kind of income you want to generate before you know how much gold you will need.
I recommend starting with $1k to $2k of gold, and then growing from there.
Can I keep a Gold ETF in a Roth IRA
You may not have this option with a 401(k), however, you might want to consider other options, like an Individual retirement account (IRA).
Traditional IRAs allow contributions from both the employer and employee. An Employee Stock Ownership Plan (ESOP) is another way to invest in publicly traded companies.
An ESOP provides tax advantages because employees share ownership of company stock and profits the business generates. The money you invest in the ESOP will be taxed at a lower rate than if it were directly held by the employee.
Also available is an Individual Retirement Annuity. You can make regular payments to your IRA throughout your life, and you will also receive income when you retire. Contributions to IRAs will not be taxed
Can I buy or sell gold from my self-directed IRA
Your self-directed IRA can be used to purchase gold, but first you need to open an account with a brokerage firm such as TD Ameritrade. You can also transfer funds from another retirement account if you already have one.
The IRS allows individuals contributing up to $5.500 each ($6,500 if married, filing jointly) into a traditional IRA. Individuals can contribute as much as $1,000 per year ($2,000 if married filing jointly) to a Roth IRA.
You should consider buying physical gold bullion if you decide to invest in it. Futures contracts can be described as financial instruments that are determined by the gold price. You can speculate on future prices, but not own the metal. But, physical bullion is real bars of gold or silver that you can hold in one's hand.
How do you withdraw from an IRA that holds precious metals?
First decide if your IRA account allows you to withdraw funds. Make sure you have enough cash in your account to cover any fees, penalties, or charges that may be associated with withdrawing money from an IRA.
If you are willing to pay a penalty for early withdrawal, you should consider opening a taxable brokerage account instead of an IRA. You will also have to account for taxes due on any amount you withdraw if you choose this option.
Next, you need to determine how much money is going to be taken out from your IRA. This calculation depends on several factors, including the age when you withdraw the money, how long you've owned the account, and whether you intend to continue contributing to your retirement plan.
Once you have determined the percentage of your total savings that you would like to convert to cash, you can then decide which type of IRA to use. Traditional IRAs allow for you to withdraw funds without tax when you turn 59 1/2. Roth IRAs, on the other hand, charge income taxes upfront but you can access your earnings later and pay no additional taxes.
Once you have completed these calculations, you need to open your brokerage account. A majority of brokers offer free signup bonuses, as well as other promotions, to get people to open accounts. You can save money by opening an account with a debit card instead of a credit card to avoid paying unnecessary fees.
When you do finally decide to withdraw from your precious metallic IRA, you will need a safe space where you can safely store your coins. Some storage facilities will accept bullion bars, others require you to buy individual coins. You'll have to weigh the pros of each option before you make a decision.
Bullion bars require less space, as they don't contain individual coins. But you will have to count each coin separately. However, individual coins can be stored to make it easy to track their value.
Some people prefer to keep coins safe in a vault. Others prefer to place them in safe deposit boxes. Whatever method you choose to store your bullion, you should ensure it is safe and secure so you can enjoy its many benefits for many years.
Statistics
- If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal, so you would owe income tax on the item's value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)
- Indeed, several financial advisers interviewed for this article suggest you invest 5 to 15 percent of your portfolio in gold, just in case. (aarp.org)
- Contribution limits$6,000 (49 and under) $7,000 (50 and up)$6,000 (49 and under) $7,000 (50 and up)$58,000 or 25% of your annual compensation (whichever is smaller) (lendedu.com)
- Gold is considered a collectible, and profits from a sale are taxed at a maximum rate of 28 percent. (aarp.org)
- If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
External Links
law.cornell.edu
- 7 U.S. Code SS7 – Designation boards of trade as contract market authorities
- 26 U.S. Code SS 408 – Individual retirement accounts
irs.gov
forbes.com
- Gold IRA: Add some sparkle to your retirement nest egg
- Understanding China's Evergrande Crisis – Forbes Advisor
finance.yahoo.com
How To
Investing In Gold vs. Investing In Stocks
These days, it might seem quite risky to invest your money in gold. This is because many people believe gold is no longer financially profitable. This belief arises because most people believe that the global economy is driving down gold prices. They fear that investing in gold will result in a loss of money. There are many benefits to investing in gold. Below we'll look at some of them.
Gold is the oldest known form of currency. Its use can be traced back to thousands of years ago. It was used all around the world as a reserve of value. Even today, countries such as South Africa continue to rely heavily on it as a form of payment for their citizens.
It is important to determine the price per Gram that you will pay for gold when making a decision about whether or not to invest. The first thing you should do when considering buying gold bullion is to decide how much you will spend per gram. You can always ask a local jeweler what the current market rate is if you don't have it.
It's worth noting, however, that while gold prices have fallen recently the cost of producing gold is on the rise. Although gold's price has fallen, its production costs have not.
It is important to keep in mind the amount you plan to purchase of gold when you're weighing whether or not it is worth your time. If you intend to only purchase enough gold to cover your wedding rings it may be a smart decision to not buy any gold. But, if your goal is to make long-term investments in gold, this might be worth considering. Selling your gold at a higher value than what you bought can help you make money.
We hope this article has given you an improved understanding of gold investment tools. It is important to research all options before you make any decision. Only after you have done this can you make an informed choice.
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By: Jenna Montgomery
Title: Unlocking Success: Semler Scientific's Bitcoin Acquisition Journey
Sourced From: bitcoinmagazine.com/news/semler-scientific-acquires-187-more-bitcoin-surpassing-4600-btc-in-holdings
Published Date: Mon, 07 Jul 2025 18:25:15 +0000
