Semler Scientific’s Bitcoin Holdings Valued Near Cost, Net Asset Value Multiple Only 1.07
On June 18, it was reported that the valuation of Semler Scientific's Bitcoin holdings is nearly equal to its acquisition cost, with an mNAV (multiple of net asset value) of only 1.07. This indicates that the company's enterprise value of $498.5 million is only slightly higher than the $466 million worth of its 4,449 Bitcoins. Matthew Sigel, Head of Digital Asset Research at VanEck, noted that many Bitcoin reserve companies may face similar pressures in the coming quarters.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chip design software leader Synopsys seeks collaboration with Chinese large model laboratories
Former BioNTech executive leads Bambusa Therapeutics (BBTX.US) in sprint to Nasdaq, "boosting" eczema drug trials
Bambusa Therapeutics Inc. has filed for an initial public offering, planning to raise funds for clinical trials of treatments for eczema and other inflammatory diseases.
Crypto prices
More
