Semler Scientific (Nasdaq: SMLR) now holds 3,808 BTC after buying 1,510 cash because the begin of 2025 in accordance with their Q1 earnings report. The rising bitcoin reserve helped generate a 22.2% BTC Yield yr to this point by means of Could 12, regardless of a web lack of $64.7 million for the primary quarter.
“We continue to accretively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings,” stated Eric Semler, chairman of Semler Scientific. “And we are excited to launch the Semler Scientific dashboard today on our website to provide the public with regularly updated information on our bitcoin holdings and other 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 by means of Could 12 for $59.6 million. The whole honest worth of the bitcoin holdings now stands at $387.9 million, primarily based on costs as of Could 12.
The quarter was marked by substantial non working prices. 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 are expecting growth and cash generation from these FDA-cleared products and services, which will add to our bitcoin treasury strategy.”
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.
