Semler’s share price has fallen by over 45% this year as of the end of trading on Friday to the same level from when the company first started buying Bitcoin, pulling its market cap down to around $434.7 million.
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Bitcoin buying firms must weigh quitting as risks emerge: VanEck
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Semler Scientific has emerged as a critical case study in the Bitcoin treasury sector, with its stock falling nearly 50% year-to-date despite acquiring over 4,400 Bitcoin, pulling its mNAV below 1.0 and prompting widespread scrutiny of the strategy’s sustainability.
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