Semler Scientific, a healthcare tech company best known for its cardiovascular diagnostic tools, has again bet big on Bitcoin (BTC). Announced earlier today, the company has spent $10 million to buy 111 more Bitcoins. This smart move is already paying off as the company has incurred a notable profit. This is because the Bitcoin market shows signs of recovery, breaking a significant resistance level. Semler Scientific Bitcoin Bet on Yields Massive Returns The company’s latest investment is already showing great results. Since the start of the year, the new Bitcoin buy has earned a 23.5% return. This means Semler has made nearly $2.35 million in profit from holding Bitcoin. This move reflects Semsler’s strong belief in Bitcoin’s potential as a store of value and a hedge against inflation. Semler’s Bitcoin stash has grown even more prominent with this new addition. Now, Semler holds 3,303 Bitcoins, showing that it is serious about increasing its digital investments. Semsler Stays Committed To Bitcoin Amidst Market Turmoil This latest Bitcoin buy-up comes after Semler Scientific reported an unrealized loss of about $41.8 million on its Bitcoin holdings for the first quarter of 2025, as revealed in a preliminary filing with the U.S. Securities and Exchange Commission (SEC). This big loss comes as the crypto market, especially Bitcoin, faces a deeper downturn, leading to a sharp decline in the asset’s value. Notably, ongoing macroeconomic uncertainty and tariff tensions play a major role in the market’s bearish trajectory, adding more pressure. Despite market setbacks, the company is still focused on Bitcoin. In a second SEC filing on the same day, Semler disclosed plans to raise up to $500 million by selling securities. The company revealed that a large part of the money will be used to buy more Bitcoin. Bitcoin Price Outlook Bitcoin, the leading crypto asset, has recently pushed above the $90,000 market level, sparking new interest in the crypto market. According to CoinMarketCap data, Bitcoin has been trading at $95,475, up 2.24% in the last 24 hours. Bitcoin’s recent rise made investors more hopeful, with confidence hitting its highest level in over two months on April 23. A popular index called Crypto Fear & Greed showed that many people were greedy and excited in the crypto market. However, by April 25, that excitement started to fade, even though Bitcoin stayed above $91,000. Some experts, like Michaël van de Poppe, think the Bitcoin price could go even higher if it stays above $90,000. Others remain cautious, pointing to weak stablecoin activity and ongoing economic uncertainty. The post Semler Scientific Buys Bitcoin Worth $10M, Yields Massive Profit appeared first on TheCoinrise.com .
