Semler Scientific's Bitcoin Bet Sends Stock Soaring 43% [Yahoo! Finance]
Semler Scientific, Inc. (SMLR)
Last semler scientific, inc. earnings: 3/3 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.semlerscientific.com
Company Research
Source: Yahoo! Finance
ET, boosted by a new cash-management strategy. More to the point, Semler's new treasury plan is all about Bitcoin (CRYPTO: BTC) instead of cash. Why Semler Scientific chose Bitcoin over cash In an early-morning press release, Semler said it looked over various treasury strategies and settled on a heavy investment in Bitcoin. With $62.8 million of cash reserves at the end of March, the company has bought 581 bitcoins for a total of $40 million. That's an average price point of approximately $68,850 per Bitcoin, roughly in line with current market prices. Management explained that Bitcoin looks like "a reliable store of value and a compelling investment." They like the cryptocurrency's built-in scarcity , making it a safe bet amid global-inflation trends. Chairman Eric Semler also gave Bitcoin a favorable comparison to physical gold , whose global market value is about 10 times Bitcoin's. "Given the gap in value between gold and bitcoin, we believe that bitcoin has the potential
Show less
Read more
Impact Snapshot
Event Time:
SMLR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMLR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMLR alerts
High impacting Semler Scientific, Inc. news events
Weekly update
A roundup of the hottest topics
SMLR
News
- Bitcoin: Time to Buy the Dip? [Yahoo! Finance]Yahoo! Finance
- First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K [Yahoo! Finance]Yahoo! Finance
- Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More [Yahoo! Finance]Yahoo! Finance
- Semler Scientific® Announces Additional Bitcoin PurchasesPR Newswire
- Is Now The Time To Put Semler Scientific (NASDAQ:SMLR) On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
SMLR
Analyst Actions
- 5/14/24 - Lake Street Capital
SMLR
Sec Filings
- 6/6/24 - Form S-3
- 6/6/24 - Form 8-K
- 5/29/24 - Form 4
- SMLR's page on the SEC website