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Brokerage bullish on SMLR: Target price $101, plans to hold 10,000 BTC by the end of 2025.
[Coin World] August 5 news, brokerage Benchmark analyst Mark Palmer reiterated a buy rating on Semler Scientific (SMLR) with a target price of $101, nearly three times the current price of about $35. The company currently holds 5,021 BTC, with a market capitalization of approximately $586 million, and plans to increase its holdings to 10,000 BTC by the end of 2025 through operating cash flow, 4.25% convertible bonds, and a small amount of ATM issuance.