Jan · 2024-06-10T12:30:02.037072Z

$SMLR The Bitcoin Standard kicks in 🫶🏻

9Mon·

$SMLR (-9.58%)

The Bitcoin Standard kicks in 🫶🏻

10.06

SML

Semler

Bought x9.719 at €32.10

€312.00

15 Comments

GeldGenie@GeldGenie

9Mon

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Jan@zkEVM

9Mon

@MoneyGenius

Semler Scientific now holds 828 bitcoin and plans to buy $150m worth more

The medical device maker now holds 828 BTC and says it will "continue to pursue our strategy of buying bitcoin with cash."

The company's latest bitcoin purchase was disclosed in an S-3 filing with the U.S. Securities and Exchange Commission on June 6. After its initial purchase of 581 Bitcoin on May 28, the company now owns 828 Bitcoin worth over $58.5 million. 📈🫶🏻

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GeldGenie@GeldGenie

9Mon

@zkEVM Thanks for clearing that up! 😊👍

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Jan@zkEVM

9Mon

@GeldGenie You're welcome 🫡☺️

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Epi@Epi

9Mon

Hodl BTC instead of R&D. Great business model! And extremely innovative. 😅

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Jan@zkEVM

9Mon

As long as it's running, it doesn't matter haha 😅

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Epi@Epi

9Mon

@zkEVM Sure. It only works when BTC works. And when BTC runs, BTC runs better. 🤷

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Jan@zkEVM

9Mon

@Epi Of course you're right, I just see it as a gimmick 🤷🏻‍♂️😃

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Jan@zkEVM

9Mon

@Epi would find it interesting at $3350 in view of the poor yen in Japan, could counteract the devaluation of money 🤔?

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Epi@Epi

8Mon

@zkEVM I think the devaluation risk of the yen is very different from the downside risk of BTC.

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Jan@zkEVM

8Mon

@Epi Yes, my only point is that since Metaplanet is now also converting its reserves into BTC, this could perhaps turn out quite well for them.

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Epi@Epi

8Mon

@zkEVM If BTC makes its 80% correction again and the company then gets stressed with shareholders who force it to liquidate, it will not.

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Jan@zkEVM

8Mon

@Epi Yes, that is certainly the case, but if we assume that the next 18 months go up, the fall should then be manageable, but who knows 🤷🏻‍♂️

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Epi@Epi

8Mon

@zkEVM Maybe. I would still feel more comfortable with my own BTC than with some in the hands of a company whose language I don't even speak.

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Jan@zkEVM

8Mon

@Epi Yes, totally, my point was more that Microstrategy is probably no longer an isolated case. It went more than steeply for them and brought the business forward.

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