Semler Scientific Bitcoin asset valuation is close to cost, with a net asset multiple of only 1.07.

On June 18, news came that Semler Scientific’s Bitcoin asset valuation is nearly on par with its holding cost, with an mNAV (multiple of net asset value) of only 1.07, indicating that the company’s enterprise value of $498.5 million is slightly higher than the 4,449 Bitcoins (worth $466 million) it holds. Matthew Sigel, the head of digital asset research at VanEck, stated that many Bitcoin reserve companies may face similar pressures in the coming quarters.

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