Semler Scientific Has Purchased 1,510 Bitcoin This Year, Now Holds 3,808 BTC

By: bitcoin magazine|2025/05/14 07:00:09
0
Share
copy
Bitcoin MagazineSemler Scientific Has Purchased 1,510 Bitcoin This Year, Now Holds 3,808 BTCSemler Scientific (Nasdaq: SMLR) now holds 3,808 BTC after purchasing 1,510 coins since the start of 2025 according to their Q1 earnings report. The growing bitcoin reserve helped generate a 22.2% BTC Yield year to date through May 12, despite a net loss of $64.7 million for the first quarter. “We continue to accretively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings,” said Eric Semler, chairman of Semler Scientific. “And we are excited to launch the Semler Scientific dashboard today on our website to provide the public with regularly updated information on our bitcoin holdings and other key metrics.”Semler has introduced a public facing Bitcoin Dashboard on its website to provide real time updates on BTC holdings and key performance indicators like BTC Yield, BTC Gain, and BTC $ Gain. In Q1 2025, the company added 894 BTC for $90.7 million, followed by another 616 BTC acquired through May 12 for $59.6 million. The total fair value of the bitcoin holdings now stands at $387.9 million, based on prices as of May 12.The quarter was marked by substantial non operating charges. These included a $41.8 million unrealized loss from changes in bitcoin valuation and a $29.75 million contingent liability related to an agreement in principle with the U.S. Department of Justice (DOJ). Revenue for Q1 2025 was $8.8 million, down 44% year-over-year. Operating expenses surged to $39.9 million, driven by litigation provisions and audit related costs. As a result, the company reported a pre-tax loss of $74.9 million. MD and CEO of Semler Scientific Doug Murphy-Chutorian said the company’s healthcare business is showing early promise from its cardiovascular product line, “We are expecting growth and cash generation from these FDA-cleared products and services, which will add to our bitcoin treasury strategy.”Semler also detailed several financing initiatives, including a $100 million convertible notes offering and a new at the market equity program, which has raised over $61 million to date under its latest agreement. This post Semler Scientific Has Purchased 1,510 Bitcoin This Year, Now Holds 3,808 BTC first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

You may also like

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.

The toll station at Hormuz and the RMB that cannot be bought

The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Coinbase executives provide an in-depth analysis: Unfazed by short-term market panic, institutions are accelerating their entry, and tokenization along with the "exchange of everything" is about to completely reconstruct the global financial infrastructure.

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Agora strikes: officially applies for a federal trust bank license in the United States, elevating from a stablecoin issuer to "underlying financial infrastructure," targeting the trillion-dollar enterprise payment and B2B settlement market.

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

Overview of Important Market Events on May 5th

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com