Semler Scientific Plans to Raise $500 Million to Purchase Bitcoin

Semler Scientific reported an unrealized loss of $41.8 million on its Bitcoin holdings for Q1 2025 due to a 12% drop in BTC prices. As of March 31, the company held 3,182 BTC valued at approximately $263.5 million.

Plans to sell up to $500 million in securities.
Intends to use funds to purchase more Bitcoin.
Expected quarterly revenues of $8.8 to $8.9 million.
Projected operating losses of up to $1.5 million.
Holds about $10 million in cash.
Negotiating a $30 million settlement with the U.S. Department of Justice for a civil investigation.

Semler remains committed to its crypto strategy, stating that proceeds from the stock sale will support operations and further BTC purchases.