Semler Scientific has disclosed substantial paper losses amounting to approximately $41.8 million on its Bitcoin investments since December 31, 2022. In response, the healthcare technology firm has initiated plans for a $500 million stock sale.

These financial disclosures signal that Semler is navigating through challenging times, drawing attention to the impact of Bitcoin’s volatility on corporate balance sheets. Investors will be keen to see how this strategy unfolds and whether it will stabilize Semler’s position in both the healthcare and crypto sectors.

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