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Cryptocurrency News Articles
Semler Scientific (NASDAQ: SMLR) Reports 21.9 Percent BTC Yield in Q1 2025
May 14, 2025 at 06:28 am
Semler Scientific, Inc. (NASDAQ: SMLR) released its first quarter 2025 financial results on Tuesday, May 13, 2025. During the first three months of 2025, which ended on March 31
Semler Scientific, Inc. (NASDAQ:SMLR) announced its first quarter of fiscal 2025 financial results on Tuesday. The company’s BTC yield for the first three months of 2025 came in at 21.9 percent, or a 22.2 percent YTD BTC yield as of May 13.
The company held approximately 3,192 Bitcoins as of March 31, 2025, after purchasing 894 BTCs for an aggregate value of about $90.7 million during the quarter. Semler Scientific had also sold 300 Bitcoins for an aggregate sales price of about $408.6 million.
In the period, the company reported a net loss of $101.4 million, or $3.07 per share, compared to a net loss of $146.9 million, or $4.48 per share, a year prior.
The company’s operating revenue for the quarter totaled $497.7 million, increasing from last year’s $366.3 million.
"We continue to actively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings," chairman Eric Semler said in a statement.
"And we are excited to launch the Semler Scientific dashboard today on our website to provide the public with regularly updated information on our bitcoin holdings and other key metrics."
The chairman added that the company plans to provide bimonthly updates on its bitcoin holdings and other key metrics, beginning with the second quarter of fiscal 2025.
The company will also be hosting a conference call at 4:30 p.m. Eastern time on Tuesday, May 13, to discuss its financial results in detail.
Those interested can register for the call here.
The company’s stock price closed at $15.98 on Tuesday, up 0.25 percent for the day.
Semler Scientific is a medical device company that specializes in the development and commercialization of products for the treatment of hearing loss and other auditory disorders.
The company's products include hearing aids, cochlear implants, and other devices that are used to improve the quality of life for people with hearing loss.
Semler Scientific is headquartered in the United States and its shares are traded on the NASDAQ Stock Market under the symbol "SMLR."
Ultimate Impact on Bitcoin Price
Bitcoin price has approached its all-time high in the past few days amid the quelling of the trade war after the recent U.S. vs China deal.
On-chain data shows the rising demand for Bitcoin from institutional investors has decreased the overall BTC supply on centralized exchanges to a multi-year low of about 2.4 million.
$BTC [1W] – Parabolic Curve Step-Like Formation – UpdateAfter having broken out of Base 4, price is ready to finally blast off to the sell line @ ~$320k.Invalidation: weekly close < $79k. pic.twitter.com/Ap5YRxaWlQ
As a result, BTC price is well positioned to follow a similar fractal pattern to the 2017 and 2021 crypto bull cycles. According to crypto analyst Gert van Lagen, Bitcoin price will likely rally towards $320k in this cycle, unless the flagship coin falls below $79k.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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