Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
CoinTelegraph 2025-04-16 03:50:31

Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale

Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale

Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately $41.8 million since Dec. 31, according to a filing with the Securities and Exchange Commission on April 15. Semler declared holdings of 3,182 Bitcoin ( BTC ) valued at around $263.5 million as of March 31. During the three-month period, BTC prices fell 12% from $93,500 at the beginning of January to $82,350 by the end of March. The full correction from its all-time high to the low below $75,000 on April 7 stands at 32%. Semler reported expected revenues of $8.8 to $8.9 million and operational losses of $1.3 to $1.5 million for the period. It held cash and cash equivalents of approximately $10 million as of March 31. In November, Semler Scientific CEO Doug Murphy-Chutorian said , “We remain laser-focused on acquiring and holding Bitcoin while supporting innovation and growth in our healthcare business.” Semler is the twelfth largest corporate holder of BTC, ahead of Hong Kong gaming firm Boyaa Interactive International Limited, according to Bitbo data. Semler also reported that it had reached an agreement in principle to pay almost $30 million to settle claims related to a civil investigation by the Department of Justice. Semler floats $500 million securities sale In a separate April 15 SEC filing, the firm outlined its plan to offer and sell securities worth up to $500 million, in part to continue its Bitcoin acquisition strategy. Related: Healthcare tech firm Semler buys 871 Bitcoin, yield tops 150% “We may offer and sell securities from time to time in one or more offerings, up to an aggregate value of $500,000,000,” it stated. Semler’s common stock is listed on the Nasdaq under the symbol SMLR. “Our stock price has been volatile and may continue to be volatile,” the firm cautioned. Shares in the medical firm have fallen 36% since the beginning of 2025. SMLR price year-to-date. Source: Google Finance Semler intends to use the net proceeds from the securities sale “primarily for general corporate purposes, including the acquisition of Bitcoin,” it revealed. Magazine: Bitcoin eyes $100K by June, Shaq to settle NFT lawsuit, and more: Hodler’s Digest

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
130
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.