Semler Scientific, a healthcare technology firm, has incurred a paper loss of approximately $41.8 million on its Bitcoin investments in the first quarter of 2025 as the cryptocurrency experienced a significant correction. The company's Bitcoin holdings, totaling 3,182 Bitcoin, were valued around $263.5 million as of March 31. The price of Bitcoin dropped from $93,500 at the start of January to $82,350 by the end of March, reflecting a 12% decrease. Additionally, Semler announced a $500 million securities sale to partially fund further Bitcoin acquisitions. The anticipated revenue for the quarter is between $8.8 to $8.9 million, although operational losses are expected to be between $1.3 to $1.5 million. Despite its current losses, Semler's CEO has reiterated a commitment to acquiring and holding Bitcoin to support innovation within the company. Semler is now the twelfth largest corporate holder of Bitcoin, and its common stock is publicly listed on the Nasdaq as SMLR.

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