Benchmark: Bitcoin Treasury Company Semler Scientific Still Has Three Times of Upside
15hours ago
According to Odaily Planet Daily, after the release of its second-quarter earnings report, Benchmark analyst Mark Palmer reiterated his buy rating and $101 price target for Semler Scientific, a publicly listed Bitcoin treasury company. He believes that unlike other Bitcoin treasury companies that rely on aggressive stock issuance, Semler is taking a "slow money" approach, expanding its Bitcoin holdings through operating cash flow, low-cost convertible debt, and selective at-the-money (ATM) issuances. All of these plans are designed to maintain shareholder value and avoid dilution. (CoinDesk)
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