Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Semler Scientific (SMLR) Now the bonus on bitcoins is traded
Holdings for the first time in three weeks, a signal that the company can soon buy more of the largest cryptocurrency according to market value.
Premium, measured by using More net value of assets (Mnav)It is 1.149, the first time she was over parity since June 5th. The metric compares the company’s market limit, currently $ 550 million, with the value of its bitcoin holdings, $ 47.8 million. It has become a popular way to measure, whether the company trades premium or discount on its bitcoin assets.
This step is important because Semler historically added to his bitcoin position only when he was able to buy more BTC without issuing new shares with a discount, preventing the existing value of ownership of shareholders. From 3 June none bought and its current possession of 4 449 BTC leaves it well Target at the end of the year at least 10,000 coins.
However, the Mnav level suggests that investors appreciate the 15th Bitcoin Treasury Company only slightly above their bitcoin holdings. This is not enough to fully correspond to the value of their operating business, which means that prices in bitcoins can be up to track or overview of the contribution of Semler’s health care and biotechnological activities.