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 via Might 12, regardless of a web lack of $64.7 million for the primary quarter.
“We proceed to accretively develop our bitcoin arsenal utilizing working money circulation and proceeds from debt and fairness financings,” mentioned Eric Semler, chairman of Semler Scientific. “And we’re excited to launch the Semler Scientific dashboard at the moment on our web site to offer the general public with repeatedly up to date info on our bitcoin holdings and different key metrics.”
Semler has launched a public going through Bitcoin Dashboard on its web site to offer actual time updates on BTC holdings and key efficiency indicators like BTC Yield, BTC Acquire, and BTC $ Acquire.
In Q1 2025, the corporate added 894 BTC for $90.7 million, adopted by one other 616 BTC acquired via Might 12 for $59.6 million. The full honest worth of the bitcoin holdings now stands at $387.9 million, based mostly on costs as of Might 12.
The quarter was marked by substantial non working fees. 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. Consequently, the corporate reported a pre-tax lack of $74.9 million.
MD and CEO of Semler Scientific Doug Murphy-Chutorian mentioned the corporate’s healthcare enterprise is exhibiting early promise from its cardiovascular product line, “We expect development and money era from these FDA-cleared services, which is able to 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 beneath its newest settlement.