Semler Scientific experienced a decline in share price after releasing its Q1 earnings report, showing a 44% drop in revenues to $8.8 million and net losses of $64.7 million, compared to a net income of $6.1 million in Q1 2024. Despite closing the trading session on May 13 up 5%, shares fell 1.91% after the announcement. The company's Bitcoin holdings increased to 3,808 BTC, valued at $387.9 million, following a total investment of $340 million. Semler achieved an unrealized gain of $41.6 million on its Bitcoin investments during Q1, which has grown to $52 million in paper gains for the year. The company continues to aggressively acquire Bitcoin, indicating a strategic move to enhance its treasury despite the recent financial setbacks. This trend reflects a larger pattern in the industry, with corporations increasingly investing in Bitcoin.

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