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Semler Scientific plans to lift as much as $500 million, with among the funds earmarked for extra Bitcoin purchases — even after it reported a $42 million loss on its BTC holdings within the first quarter.
The Nasdaq-listed healthcare tech agency submitted an S-3 submitting to the U.S. Securities and Trade Fee (SEC) on April 15, outlining plans to lift the funds by numerous securities, together with debt, inventory, and warrants.
Semler stated the proceeds will probably be used for normal company functions, together with additional Bitcoin buys.
Bitcoin Correction Forces A Q1 Paper Loss For Semler Scientific’s BTC Funding
Knowledge from BitcoinTreasuries.internet reveals that Semler Scientific is at present the twelfth largest company BTC investor globally, with its holdings standing at 3,192 Bitcoins. The agency’s stash has a greenback worth of round $266.5 million.
In a Type 8-Ok submitting with the SEC yesterday, the agency reported that it suffered an unrealized lack of $41.8 million since Dec. 31 with its Bitcoin holdings. This paper loss comes after Bitcoin’s worth fell 12% from $93,500 at the start of January to $82,350 by the tip of March.Â
Semler Scientific Reaches Settlement With Division Of JusticeÂ
Semler Scientific’s filings come after the corporate reached a tentative settlement with the US Division of Justice (DOJ). In keeping with an April 15 disclosure, the agency is ready to pay a $29.75 million superb to settle claims tied to potential violations of a federal anti-fraud legislation.Â
We have now reached a settlement in precept, EXCITED TO BUY MORE BTC! 🚀
— Eric Semler (@SemlerEric) April 15, 2025
That was after the agency disclosed it obtained a civil investigative demand from the DOJ again in 2017.Â
Semler Scientific’s share worth jumped barely after the disclosure, buying and selling at $34.40 as of 1:26 a.m. EST, Google Finance information reveals. There has since been some after-hours promoting strain.
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