**Semler Scientific Expands Bitcoin Holdings to 3,808 BTC in 2025**
Semler Scientific has significantly increased its Bitcoin holdings, acquiring 1,510 BTC this year, bringing its total to 3,808 BTC as reported in their Q1 earnings. This strategic move has resulted in a 22.2% BTC yield year-to-date through May 12, despite the company facing a net loss of $64.7 million in the first quarter.
Eric Semler, chairman of Semler Scientific, stated, “We continue to accretively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings.” The company has also launched a public Bitcoin Dashboard on its platform, offering real-time updates on its BTC holdings and key performance indicators such as BTC Yield, BTC Gain, and BTC $ Gain.
In the first quarter of 2025, Semler Scientific added 894 BTC for $90.7 million, followed by an additional 616 BTC acquired through May 12 for $59.6 million. The current fair value of their Bitcoin holdings is estimated at $387.9 million, based on market prices as of May 12. However, the quarter was impacted by significant non-operating charges, including a $41.8 million unrealized loss due to fluctuations in Bitcoin valuation and a $29.75 million contingent liability related to an agreement with the U.S. Department of Justice.
The company reported revenue of $8.8 million for Q1 2025, reflecting a 44% decline year-over-year. Operating expenses rose sharply to $39.9 million, primarily due to litigation provisions and audit-related costs, leading to a pre-tax loss of $74.9 million.
Doug Murphy-Chutorian, MD and CEO of Semler Scientific, expressed optimism about the company’s healthcare division, particularly its cardiovascular product line, stating, “We are expecting growth and cash generation from these FDA-cleared products and services, which will add to our bitcoin treasury strategy.”
Additionally, Semler Scientific has outlined several financing initiatives, including a $100 million convertible notes offering and a new at-the-market equity program, which has successfully raised over $61 million to date.
In summary, Semler Scientific’s aggressive Bitcoin acquisition strategy, coupled with its healthcare advancements, positions the company for potential growth despite current financial challenges.
**FAQ**
**What is Semler Scientific’s current Bitcoin holding?**
Semler Scientific currently holds 3,808 BTC after acquiring 1,510 BTC in 2025.