Semler Scientific uses Bitcoin-backed loan to resolve DOJ charges

Semler Scientific, a medical tech firm that is said to hold substantial amounts of Bitcoin, settled with the United States Department of Justice (DOJ) for $29.75 million. The agreement is to end allegations that the firm broke federal anti-fraud statutes in promoting its flagship product, QuantaFlo.

The DOJ began its investigation back in 2017, after sending a civil investigative demand—a kind of legal request that often leads to lawsuits. Over the years, Semler followed up with more subpoenas and finally began settlement talks in February 2025. Though the agreement is not finalized yet, it is a huge step toward the closing of a long-running case.

Semler to Settle Loan through Bitcoin

Semler is opting for crypto to settle this case. The firm negotiated a deal with Coinbase , a giant crypto exchange. They would borrow the amount against the bitcoin holdings as collateral. The organisation currently owns 3,192 BTC, which is worth around $267 million at today’s prices.

If the deal with the DOJ is officially approved, it will use the loan from Coinbase—along with some of its own cash—to cover the settlement amount. This move helps the organisation avoid dipping into other important funds and keeps operations running smoothly.

$500M SEC Filing for More BTC Purchases

But the organisation isn’t stopping there. The company also announced plans to raise up to $500 million by offering new securities. It has already filed paperwork with the U.S. Securities and Exchange Commission (SEC) for this purpose. The goal? To buy even more digital currency. Chairman Eric Semler even tweeted his excitement: “Excited to buy more bitcoin,” showing the company’s strong belief in the digital asset.

This plan could boost the organisation's position as one of the more aggressive coin holders among publicly traded firms. The company had paused its purchases of the coin for over two months due to the DOJ issue but is now ready to resume.

Source: X

Bitcoin Strategy in Line with Industry Giants

The company isn’t the only one doubling down on Bitcoin. Other firms, like Michael Saylor’s company, Strategy, recently purchased 3,459 BTC for nearly $286 million. That firm now holds over 531,000 Bitcoins.

Japan-based Metaplanet also joined the trend, buying $26.3 million worth of BTC . These steps illustrate a wider feeling among some of the larger corporations that BTC still has space to expand—despite being in a market full of fluctuations. Some even predict that the coin may reach $137,000 someday, as suggested by analysts such as the Titan of Crypto.

Looking Ahead

Semler Scientific is navigating both financial and legal aspects with the assistance of modern instruments like BTC to resolve the conventional issues. If the settlement gets accepted, the company will leverage this unfavourable situation as an opportunity towards enhancing the crypto strategy. The company aims to raise $500 billion for more BTC, this move showcases that the future is about digital currency.