CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
The Coin Rise 2025-04-16 09:45:28

Semler Scientific Faces $41M Bitcoin Loss, Plans $500M Raise to Double Down

Semler Scientific, a healthcare tech company best known for its cardiovascular diagnostic tools, is facing a rough start to the year—not from its core business, but from its Bitcoin treasury strategy. In a preliminary filing with the U.S. Securities and Exchange Commission (SEC) dated April 15, the company reported an unrealized loss of approximately $41.8 million on its Bitcoin holdings for the first quarter of 2025 . Bitcoin Strategy Leads to Major Paper Losses As of March 31, Semler held 3,182 BTC, which it valued at roughly $263.5 million. The price of Bitcoin dropped by 12% over the quarter —from around $93,500 at the start of January to $82,350 at the end of March. And by April 7, the correction had deepened, pushing BTC briefly below $75,000—a 32% drop from its peak. Despite these market setbacks, the company remains committed to Bitcoin. CEO Doug Murphy-Chutorian reiterated in a previous statement that Semler is “laser-focused” on accumulating BTC while continuing to grow its healthcare business. That conviction appears unshaken, even as the firm posted expected Q1 revenues of just $8.8 to $8.9 million and operational losses in the range of $1.3 to $1.5 million. At the end of the quarter, Semler held only about $10 million in cash reserves. $500M Securities Offering to Fund Further BTC Buys Alongside its Q1 report, Semler also disclosed plans for a substantial capital raise. According to a second SEC filing on the same day, the company is preparing to offer and sell up to $500 million in securities. While the proceeds are officially designated for “general corporate purposes,” Semler made it clear that a significant portion will go toward further Bitcoin acquisitions . This bold financial move arrives as the company’s stock, trading under the ticker SMLR on Nasdaq, has tumbled 36% since the beginning of the year. Still, Semler appears to be betting that Bitcoin will eventually deliver long-term returns, even as short-term volatility hits both its digital assets and equity. Meanwhile, Semler also announced it had reached a tentative $30 million settlement in a Department of Justice civil probe—another financial hurdle that adds context to its ambitious crypto strategy. The post Semler Scientific Faces $41M Bitcoin Loss, Plans $500M Raise to Double Down appeared first on TheCoinrise.com .

https://www.digistore24.com/redir/325658/ceobig/
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta