Semler Scientific Bets Big on Bitcoin with $500 Million Offering Amid Huge Losses
Semler Scientific continues to make bold moves in the crypto market. The company reported an unrealized loss of $41.8 million on its Bitcoin holdings in the first quarter of 2025. Despite this setback, Semler has announced plans to pursue a $500 million offering aimed at bolstering its Bitcoin portfolio. This strategy shows a strong commitment to cryptocurrency investment, as the medical technology firm opts to acquire even more Bitcoin while facing a 5.0% loss on previous investments. Investors are keenly observing how Semler navigates this challenging landscape while attempting to stabilize and enhance its crypto assets in a volatile market.