Semler Scientific has a Bitcoin loss of $ 41.8 million in the first quarter of 2025, since BTC fell by $ 12%
Semler Scientific has a Bitcoin loss of $ 41.8 million in the first quarter of 2025, since BTC fell by $ 12%
- The company held 3,182 BTC worth $ 263.5 million
- The Bitcoin stocks of companies rose by 16.1 % to 688,000 btc.
- Semler plans to offer a securities offer of $ 500 million.
Semler Scientific in the first quarter of 2025 reported an unrealizable loss of $ 41.8 million to its Bitcoin stocks, which illustrates the risks of crypto exposure among companies.
The health technology company gave the loss in a April 15 Us-American security and stock exchange supervisory authority SEC and called a decline in the market value of its Bitcoin portfolio between December 31 and March 31st.
Bitcoin falls in Q1 by 12 %
The price of Bitcoin dropped by 12 % in the course of the quarter and fell from $ 93,500 to $ 82,350. This decline led to a drastic devaluation of Semler's crypto stocks, which were 31,182 BTC worth $ 263.5 million on March 31.
The situation worsened in early April when Bitcoin fell below $ 75,000-a decrease of 32 % of all-time high.
Nevertheless, the company has not changed its crypto strategy. CEO Doug Murphy-Chutorian had previously highlighted Semler's double focus on innovation in the healthcare system and the acquisition of Bitcoin, an attitude that remains unchanged in view of the latest decline.
Corporate Bitcoin stocks increase by 16 %
While Semler recorded paper losses, public companies have expanded their Bitcoin exposure as a whole.
Bitwise show that listed companies have added in Q1 2025 95,431 BTC-an increase of 16.1 % compared to the previous quarter.
At the end of March, these stocks amounted to a total of 688,000 BTC with a combined evaluation of $ 56.7 billion based on the final course of the quarter of $ 82,445 per bitcoin.
The trend underlines the continued institutional demand, even in times of market volatility.
Update for income and legal agreements
The quarterly income of Semler was estimated to be between $ 8.8 million and $ 8.9 million, while the operating costs were projected to between 1.3 million and $ 1.5 million.
The company also reported over $ 10 million in cash and cash on March 31st.
In addition, Semler announced a preliminary agreement to clarify a civil law investigation by the Ministry of Justice for almost $ 30 million. The type of investigation was not specified in the message.
Securities offered over $ 500 million $
Semler also submitted plans to obtain up to $ 500 million through securities, whereby part of the proceeds could possibly flow into further Bitcoin acquisitions.
The company announced that it can offer and sell securities" from time to time ... up to a total value of $ 500,000,000 ".
The shares of Semler, which are listed under the ticker SMLR on the NASDAQ, have so far fallen by 36 % in 2025.
The company admitted the recent price fluctuations and warned of persistent volatility, although it has not indicated its strategy for digital asset.
At the same time, interest in Bitcoin is growing at the political level in the USA.
Data from Bitcoin Law show that 47 Bitcoin-related laws were brought into 26 states, 41 of which are still active.
On April 5, Kentucky became the latest state, the digital property protection with the adoption of the House Bill 701-the "Bitcoin Law Act"-under governor Andy Beshear.
The Semler Scientific article has a loss of $ 41.8 million at Bitcoin in Q1 2025, since BTC falls by 12 %, first appeared on Coinjournal.
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