Semler Scientific 41.8 million dollars reports losing the bitcoin associated paper in the first quarter of 2025

Semler Scientific to Semler Scientific has reported severe slopes on Bitcoin’s possessions. In its latest file from SEC on April 15, the company revealed a paper loss of about 41.8 million dollars for the first quarter of 2025.
This loss stems from the sharp decline in BTC prices, which slipped from $ 93,500 at the beginning of January to nearly $ 82,000 by March 31.
Semler Scientific see severe losses
despite RecessionSemler is still intense in the cryptocurrency and holds 3,182 BTC at the end of the quarter. The company, which occupies the twelfth place of the largest Bitcoin company in the world, continues above Boya Interactive International Limited, in doubling the digital asset strategy.
CEO Doug Murphy-Chotorian repeated this position when he emphasized the company’s double focus on the accumulation of bitcoin and the continuous innovation of health care. Financial, Semler expected modest revenues between $ 8.8 million and 8.9 million dollars per quarter, but operating losses are expected to lose between $ 1.3 million and $ 1.5 million.
As of March 31, Semler reported about the existence of about $ 10 million in cash and cash rewards.
In another strategic step, the company also Declare Plan to issue up to $ 500 million in securities, their revenues are allocated for public companies, including continuous encrypted currency purchases. However, the investor’s feelings seem careful. The shares of the company, which were traded under SMLR Ticker on the Nasdaq Stock Exchange, have decreased by more than 22 % since the beginning of the year.
An agreement with the Ministry of Justice
Semler Scientific has been announced via a separate 8-k file receipt An agreement on the principle to resolve legal concerns for a long time with the Ministry of Justice (Doj). The company said it is ready for Pushing About 30 million dollars to address allegations that it violated the law of wrong claims through improper marketing practices associated with the devices issued to Medicare.
The Ministry of Justice’s civil investigation dates back to 2017, when it issued an official request to study possible fraud. While this proposed settlement would indicate a big step towards the decision, the Semler file indicated that a final agreement with the agency has not yet guaranteed.
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