Semler Scientific: Bitcoin-related book losses reached $41.8 million in the first quarter of 2025
Semler Scientific, a NASDAQ-listed company using a bitcoin reserve strategy, disclosed in a report that its holdings of bitcoin suffered a huge unrealized loss in the first quarter of 20205. The latest documents submitted to the U.S. Securities and Exchange Commission (SEC) show that the company's book loss is about $41.8 million, mainly due to a significant drop in the price of bitcoin, from $93,500 in early January to nearly $82,000.
Semler Scientific also disclosed that it held 3,182 BTC at the end of the first quarter of 2025, making it the twelfth largest bitcoin holding company in the world, second only to Bovia Interactive. The company's CEO, Doug Murphy-Chutorian, reiterated that they will not abandon their digital asset strategy despite the losses, and had previously submitted documents to the SEC to issue $500 million in securities to raise funds to purchase more bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Friday charts: The Marvin Minsky moment is here
Have markets been obsessing over the wrong Minsky?

Charles Hoskinson Reveals Exciting Plans for Lace Wallet’s XRP Functionality
In Brief Charles Hoskinson announces XRP functionality for Lace wallet. Integration aims to enhance multi-chain support and user experience. Upcoming NIGHT token distribution includes XRP holders.

Meme project BONK launches Meme coin issuance platform Letsbonk.Fun
Trending news
MoreCrypto prices
More








