{"id":2993,"date":"2025-04-16T12:19:26","date_gmt":"2025-04-16T12:19:26","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/04\/16\/semler-scientific-records-41-8m-bitcoin-loss-in-q1-2025-as-btc-slumps-12\/"},"modified":"2025-04-16T12:19:26","modified_gmt":"2025-04-16T12:19:26","slug":"semler-scientific-records-41-8m-bitcoin-loss-in-q1-2025-as-btc-slumps-12","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/04\/16\/semler-scientific-records-41-8m-bitcoin-loss-in-q1-2025-as-btc-slumps-12\/","title":{"rendered":"Semler Scientific records $41.8M Bitcoin loss in Q1 2025 as BTC slumps 12%"},"content":{"rendered":"<p>Company held 3,182 BTC worth $263.5 million.<br \/>\nCorporate BTC holdings rose 16.1% to 688,000 BTC.<br \/>\nSemler plans a $500 million securities offering.<\/p>\n<p class=\"\">Semler Scientific has reported a $41.8 million unrealised loss on its Bitcoin holdings in the first quarter of 2025, underscoring the risks of crypto exposure among corporates.<\/p>\n<p class=\"\">The healthcare technology firm disclosed the loss in an <a href=\"https:\/\/ir.semlerscientific.com\/node\/10766\/ixbrl-viewer\">April 15 filing<\/a> with the US Securities and Exchange Commission (SEC), citing a decline in the fair value of its Bitcoin portfolio between 31 December and 31 March.<\/p>\n<h2 class=\"\">Bitcoin drops 12% in Q1<\/h2>\n<p class=\"\">Bitcoin\u2019s price declined by 12% during the quarter, falling from $93,500 to $82,350. That drop led to a sharp markdown in Semler\u2019s crypto holdings, which stood at 3,182 BTC, valued at $263.5 million as of March 31.<\/p>\n<p class=\"\">The situation worsened in early April, with Bitcoin sliding below $75,000\u2014a 32% correction from its all-time high.<\/p>\n<p class=\"\">Despite this, the company has not altered its crypto strategy. CEO Doug Murphy-Chutorian had earlier noted Semler\u2019s dual focus on healthcare innovation and Bitcoin acquisition, a stance that remains unchanged in light of the recent downturn.<\/p>\n<h2 class=\"\">Corporate Bitcoin holdings rise 16%<\/h2>\n<p class=\"\">While Semler faced paper losses, public companies overall expanded their Bitcoin exposure.<\/p>\n<p class=\"\">Data from Bitwise shows that listed firms added 95,431 BTC in Q1 2025\u2014a 16.1% increase from the previous quarter.<\/p>\n<p class=\"\">By March-end, these holdings totalled 688,000 BTC, with a combined valuation of $56.7 billion based on the quarter\u2019s closing price of $82,445 per Bitcoin.<\/p>\n<p class=\"\"><a href=\"https:\/\/treasuries.bitbo.io\/#countries\">According to blockchain tracker Bitbo<\/a>, Semler is now the twelfth-largest corporate holder of Bitcoin, surpassing companies such as Boyaa Interactive.<\/p>\n<p class=\"\">The trend highlights sustained institutional demand, even amid market volatility.<\/p>\n<h2 class=\"\">Revenue and legal settlement update<\/h2>\n<p class=\"\">Semler\u2019s quarterly revenue was estimated between $8.8 million and $8.9 million, with operating losses projected between $1.3 million and $1.5 million.<\/p>\n<p class=\"\">The company also reported $10 million in cash and equivalents as of March 31.<\/p>\n<p class=\"\">Along with this, Semler disclosed a preliminary agreement to settle a civil investigation by the Department of Justice for close to $30 million. The filing did not specify the nature of the probe.<\/p>\n<h2 class=\"\">$500M securities offering planned<\/h2>\n<p class=\"\">Semler also filed plans to raise up to $500 million through securities offerings, with part of the proceeds potentially going towards further Bitcoin acquisitions.<\/p>\n<p class=\"\">The company stated it may offer and sell securities \u201cfrom time to time\u2026 up to an aggregate value of $500,000,000.\u201d<\/p>\n<p class=\"\">Shares of Semler, listed on Nasdaq under the ticker SMLR, are down 36% so far in 2025.<\/p>\n<p class=\"\">The company acknowledged recent price swings and warned of continued volatility ahead, although it has not indicated any change to its digital asset strategy.<\/p>\n<p class=\"\">At the same time, interest in Bitcoin at the policy level continues to build in the US.<\/p>\n<p class=\"\">Data from Bitcoin Law indicates that 47 Bitcoin-related bills have been introduced across 26 states, with 41 still active.<\/p>\n<p class=\"\">On April 5, Kentucky became the latest to adopt digital asset protections with the passage of House Bill 701\u2014the \u201cBitcoin Rights\u201d law\u2014under Governor Andy Beshear.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/semler-scientific-records-41-8m-bitcoin-loss-in-q1-2025-as-btc-slumps-12\/\">Semler Scientific records $41.8M Bitcoin loss in Q1 2025 as BTC slumps 12%<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\/\">CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Company held 3,182 BTC worth $263.5 million. Corporate BTC holdings rose 16.1% to 688,000 BTC. Semler plans a $500 million securities offering. Semler Scientific has reported a $41.8 million unrealised loss on its Bitcoin holdings in the first quarter of 2025, underscoring the risks of crypto exposure among corporates. The healthcare technology firm disclosed the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2994,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2993","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2993"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2994"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}