ChainThink reports: Semler Scientific, a Nasdaq-listed company that adopts a Bitcoin reserve strategy, released a report disclosing that its held Bitcoin suffered significant unrealized losses in the first quarter of 2025. According to the latest documents submitted to the U.S. Securities and Exchange Commission (SEC), the company recorded a book loss of approximately $41.8 million, mainly due to a sharp decline in Bitcoin's price, which fell from $93,500 at the beginning of the year to nearly $82,000. Semler Scientific also disclosed that it held 3,182 BTC as of the end of the first quarter of 2025, making it the twelfth largest Bitcoin holding company globally, following Bally Interactive. The company's CEO, Doug Murphy-Chutorian, reiterated that the company will not abandon its digital asset strategy despite the losses. Previously, the company had submitted documents to the U.S. Securities and Exchange Commission (SEC) for issuing $500 million in securities to raise funds to purchase more Bitcoin.