Semler Scientific (Nasdaq: SMLR) now holds 3,808 BTC after buying 1,510 cash because the begin of 2025 in line with their Q1 earnings report. The rising bitcoin reserve helped generate a 22.2% BTC Yield yr to this point by way of Might 12, regardless of a internet lack of $64.7 million for the primary quarter.
“We proceed to accretively develop our bitcoin arsenal utilizing working money circulate and proceeds from debt and fairness financings,” stated Eric Semler, chairman of Semler Scientific. “And we’re excited to launch the Semler Scientific dashboard immediately on our web site to supply the general public with often up to date info on our bitcoin holdings and different key metrics.”
Semler has launched a public dealing with Bitcoin Dashboard on its web site to supply actual time updates on BTC holdings and key efficiency indicators like BTC Yield, BTC Achieve, and BTC $ Achieve.
In Q1 2025, the corporate added 894 BTC for $90.7 million, adopted by one other 616 BTC acquired by way of Might 12 for $59.6 million. The overall truthful worth of the bitcoin holdings now stands at $387.9 million, primarily based on costs as of Might 12.
The quarter was marked by substantial non working expenses. These included a $41.8 million unrealized loss from modifications in bitcoin valuation and a $29.75 million contingent legal responsibility associated to an settlement in precept with the U.S. Division of Justice (DOJ).
Income for Q1 2025 was $8.8 million, down 44% year-over-year. Working bills surged to $39.9 million, pushed by litigation provisions and audit associated prices. Because of this, the corporate reported a pre-tax lack of $74.9 million.
MD and CEO of Semler Scientific Doug Murphy-Chutorian stated the corporate’s healthcare enterprise is displaying early promise from its cardiovascular product line, “We predict progress and money era from these FDA-cleared services and products, which can add to our bitcoin treasury technique.”
Semler additionally detailed a number of financing initiatives, together with a $100 million convertible notes providing and a brand new on the market fairness program, which has raised over $61 million to this point below its newest settlement.
