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Sun Yuchen appeared at Bitcoin 2025: firmly optimistic that Bitcoin will continue to reach new highs

ChainCatcher news, Huobi HTX global advisor and TRON founder Justin Sun appeared at the Bitcoin 2025 conference and shared profound insights on Bitcoin and the crypto ecosystem. He stated that the biggest lesson since entering the industry in 2012 is "never short Bitcoin." As long as the entire industry continues to build, Bitcoin prices will reach new highs.Justin Sun also revealed that during a dinner with President Trump last week, the president expressed strong support for Bitcoin and the entire crypto ecosystem. He believes that Trump's support is significant for the entire cryptocurrency industry. Without Trump's influence, Bitcoin prices would not have been able to break the $100,000 barrier. Furthermore, as a global leader in financial regulation, the United States' clear cryptocurrency regulatory policies will lead more countries worldwide to follow suit, thereby encouraging more people to enter the crypto space.It is reported that Bitcoin 2025 is the largest Bitcoin event in the world, held from May 27 to 29 in Las Vegas, USA, gathering heavyweight guests from around the globe, including: U.S. Vice President JD Vance, President Trump's second son Eric Trump, White House AI and cryptocurrency advisor David Sacks, MicroStrategy co-founder Michael Saylor, BitMEX co-founder Arthur Hayes, and others, to discuss the latest trends in Bitcoin and cryptocurrency, helping to drive innovation and transformation in the global crypto ecosystem.

Semler Scientific reported a Bitcoin impairment loss of approximately $41.8 million in Q1 this year

ChainCatcher news, according to CryptoPotato, medical diagnostics company Semler Scientific disclosed in an SEC filing submitted on April 15 that it incurred an unrealized loss of approximately $41.8 million from Bitcoin investments in the first quarter of 2025. This loss resulted from the BTC price plummeting from $93,500 at the beginning of January to about $82,000 by March 31.Despite facing losses, Semler still holds 3,182 Bitcoins, making it the twelfth largest corporate Bitcoin holder in the world, just behind Boyaa Interactive International Limited. CEO Doug Murphy-Chutorian reiterated the company's dual strategy of focusing on both Bitcoin accumulation and medical innovation.Financially, Semler expects first-quarter revenue to be between $8.8 million and $8.9 million, but anticipates an operating loss of $1.3 million to $1.5 million. As of March 31, the company held approximately $10 million in cash and cash equivalents.Meanwhile, Semler announced through another 8-K filing that it has reached a principle agreement with the U.S. Department of Justice (DOJ) to pay approximately $30 million to resolve a long-standing legal dispute. This dispute involves the company allegedly charging Medicare for medical devices through improper marketing, in violation of the False Claims Act.Semler also announced plans to issue up to $500 million in securities, with the proceeds to be used for general corporate purposes, including continued cryptocurrency purchases. Since the beginning of the year, the company's stock traded on NASDAQ (SMLR) has fallen over 22%.
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