Semler Scientific is continuing its investment in Bitcoin, even though it has faced a significant loss of $41.8 million on its Bitcoin assets.
This loss comes after Bitcoin prices dropped by 12% in the first quarter of 2025. As of March 31, the company owned 3,182 Bitcoins, which were valued at around $263.5 million. Despite this setback, Semler plans to raise $500 million by selling securities, with the intention of using some of that money to buy more Bitcoin.
In addition to its Bitcoin investments, Semler Scientific has shared its expected earnings for the quarter, predicting revenues between $8.8 million and $8.9 million.
However, the company also anticipates operating losses that could reach up to $1.5 million. Currently, Semler has about $10 million in cash on hand. Furthermore, the company is in discussions regarding a nearly $30 million settlement with the U.S.
