Semler Scientific (NASDAQ: SMLR) has significantly deepened its commitment to Bitcoin in 2025, acquiring a total of 1,510 BTC year-to-date, bringing its total holdings to 3,808 BTC. The company disclosed the update in its Q1 earnings report, highlighting a 22.2% year-to-date yield on its Bitcoin holdings, despite posting a net loss of $64.7 million for the quarter.
Strategic Bitcoin Acquisitions and Performance
During Q1 2025, Semler purchased 894 BTC for $90.7 million. From April through May 12, the company added another 616 BTC at a cost of $59.6 million. This brings the total fair value of its Bitcoin treasury to approximately $387.9 million, marking a significant increase in its crypto asset base.
Chairman Eric Semler emphasized that the company continues to grow its Bitcoin reserves using operating cash flow and proceeds from financing activities. “Our bitcoin treasury strategy is an important part of our long-term financial planning,” he noted.
To promote transparency and provide real-time insight into its crypto investments, Semler has launched a new public dashboard on its website. The tool tracks live Bitcoin metrics, including current yield and dollar gains, offering shareholders and analysts up-to-date performance data.
Revenue Decline and Long-Term Vision
While revenue for Q1 dropped to $8.8 million, CEO Doug Murphy-Chutorian remains optimistic about the company’s dual-pronged growth strategy. He pointed to the continued development of Semler’s cardiovascular health products and its growing Bitcoin portfolio as key pillars for future expansion.
Murphy-Chutorian also confirmed that upcoming growth will be supported by new financing rounds and strong investor backing, positioning the company for what he described as a “transformational phase” in its business model.
Semler Scientific’s aggressive move into digital assets, combined with its medical technology foundation, presents a unique value proposition as it blends innovation in both health and finance.