Semler Scientific reported holding 3,808 BTC as of Q1 2025 after acquiring 1,510 coins since the start of the year. Despite a net loss of $64.7 million, the company's initiatives, such as a new public Bitcoin Dashboard, aim for transparency regarding their BTC holdings and yield metrics. Revenue significantly decreased by 44%, affected by litigation costs and increased operating expenses. CEO Doug Murphy-Chutorian expressed optimism about growth in their healthcare sector, indicating that profits from FDA-cleared products may bolster their ongoing investment in Bitcoin, which currently has a fair value of $387.9 million.
Semler Scientific's Bitcoin treasury strategy is supported by significant acquisitions despite facing a substantial net loss in Q1 2025, signaling continued investment in cryptocurrency.
We continue to accretively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings, said Eric Semler.
The public Bitcoin Dashboard on our website provides real-time updates on BTC holdings and key performance metrics, enhancing our transparency with investors.
Our healthcare business is showing promise, particularly with FDA-cleared products, which we anticipate will generate cash and support our bitcoin strategy.
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