Semler Scientific's stock rose by 5% on the last trading day following the announcement of Q1 2025 financial results, reflecting growing interest in Bitcoin.
Semler Scientific's Financial Results
Semler Scientific, Inc. (NASDAQ: SMLR) released its financial results for Q1 2025 on May 13, 2025. The company reported a BTC Yield of 21.9 percent for the first three months of 2025.
Institutional Investors' Impact on Bitcoin
During this period, the company purchased 894 BTC for an aggregate value of about $90.7 million. As of March 31, 2025, Semler Scientific held about 3,192 Bitcoins. Since the start of Q2, the company has accumulated another 616 BTC, bringing the total to 3,808 BTC.
Bitcoin Price Forecasts
According to crypto analyst Gert van Lagen, Bitcoin's price may rally towards $320K in this cycle unless it falls below $79K. This forecast is based on rising institutional demand for Bitcoin and decreasing supply on centralized exchanges.
Semler Scientific's financial results and the increasing institutional interest in Bitcoin create positive prospects for the largest cryptocurrency's prices, which are expected to rise similarly to previous bull cycles.