Healthcare technology firm Seveler Scientific has reported the loss of paper on bitcoin holdings in the first quarter of this year as cryptocurrency saw huge improvements.
The firm reported an initial unrealistic loss from a change in the fair price of bitcoin holdings of about $ 41.8 million since 31 December. Admission On 15 April with the Securities and Exchange Commission.
Semaller announced the holding of 3,182 bitcoins (BTCs) as of 31 March, which was around $ 263.5 million as of 31 March. During the three -month period, BTC prices fell from $ 93,500 to 12% in early January in early January in early January. On April 7, the full -time full improvement is 32%of its all -time high from $ 75,000.
Seemaller expected a revenue of $ 8.8 to $ 8.9 million for this period and operating loss of $ 1.3 to $ 1.5 million. It kept cash and cash counterparts of about $ 10 million till 31 March.
In November, Seemaller Scientific CEO Dug Murphy-Kutorian said, “We are laser-centered on achieving and catching bitcoins, supporting innovation and development in our health business.”
Seemaller is the twelfth largest corporate holder of BTC, ahead of Hong Kong Gaming firm Boy International Limited, According For Bito data.
Seleler also reported that it had reached an agreement in principle to pay approximately $ 30 million to settle claims related to a civil investigation by the Department of Justice.
Seleler floats $ 500 million securities sales
In a separate April 15, firm mentioned To continue its bitcoin acquisition strategy, its plan to offer and sell securities up to $ 500 million.
Connected: Healthcare Tech firm Seemler Bules 871 bitcoins, yield 150%
“We can offer and sell securities in one or more offerings on time -time, up to a total value of $ 500,000,000,” it said. The general stock symbol of the Seemler is listed on the NASDAQ under SMLR.
“Our stock price has been unstable and unstable,” the firm warned. The shares in the medical firm have fallen by 36% from the start of 2025.
SMLR price year-on-year. Source: Google Finance
Seemaller intends to use net income from securities sales “mainly for general corporate purposes, including the acquisition of bitcoin,” it is revealed.
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