Internet reports that Semler Scientific, a Nasdaq-listed company that adopts a bitcoin reserve strategy, released a report revealing that its bitcoin holdings suffered huge unrealized losses in the first quarter of 20205. The latest documents filed with the U.S. Securities and Exchange Commission (SEC) show that the company's book loss was approximately US$41.8 million, mainly due to the sharp drop in the price of Bitcoin, from US$93,500 in early January to nearly US$82,000. Semler Scientific also disclosed that as of the end of the first quarter of 2025, it held 3182 BTC, making it the 12th largest Bitcoin holder in the world, second only to Burson-Arts Interactive. The company's CEO Doug Murphy-Chutorian reiterated that it will not abandon its digital asset strategy because of losses. It has previously submitted a document with the US Securities and Exchange Commission to issue US$500 million in securities to raise funds to purchase more bitcoins.