He added that no public company has traded below the net asset value of its Bitcoin for a sustained period, but that Semler Scientific, Inc. (SMLR) ‘is now approaching parity.’
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Bitcoin buying firms must weigh quitting as risks emerge: VanEck
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Bitcoin treasury companies have never consistently traded below their net asset value, but recent cases like Semler Scientific are approaching that threshold, raising investor concerns about these firms’ ability to sustain premium valuations.
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