According to @caprioleio, Semler Scientific (SMLR) trades at an mNAV of 0.9, indicating a discount to its marked net asset value, source: @caprioleio. According to @caprioleio, its Bitcoin holdings are worth more than the company’s equity market capitalization, source: @caprioleio. According to @caprioleio, the BTC yield is 0.25% and the firm is growing its Bitcoin balance by approximately 2% per week, source: @caprioleio. According to @caprioleio, Days Cover is -48 and debt-to-market-cap stands at 17%, with leverage described as conservative, source: @caprioleio. For traders, these metrics flag SMLR as a potential BTC proxy where the NAV discount and BTC balance growth rate are key variables to monitor versus spot BTC performance and peer Bitcoin treasury stocks, source: @caprioleio.

According to Farside Investors, corporate Bitcoin treasury strategies are significantly impacting stock prices. The stock for SQNS experienced a massive 70.9% increase after the company announced its acquisition of 370 BTC. In related news, Semler ($SMLR), another company with a Bitcoin treasury, saw its stock rise 13.3% after attracting a bid, a move potentially influenced by a new 'BUY' rating from Maxim Group. The trend of corporate adoption continues as Vaultz Capital has also joined a corporate Bitcoin program, signaling growing interest in BTC as a treasury asset.

According to @QCompounding, AI cloud firm CoreWeave has re-entered acquisition talks with Bitcoin miner Core Scientific (CORZ), one year after a previous attempt, as reported by the WSJ. This news caused CORZ stock to surge 25% to over $15 per share, also lifting other mining stocks like Hut 8 (HUT) and Cipher Mining (CIFR). For traders, this signals strong interest in the convergence of AI and crypto mining infrastructure. In separate news, Semler Scientific (SMLR) is now trading at a premium to its Bitcoin (BTC) holdings for the first time since June 5, with its multiple net asset value (mNAV) at 1.149. The source indicates this is a key bullish signal, as historically Semler has only added to its BTC position when trading at a premium. This suggests the company, which holds 4,449 BTC, may soon resume purchases to meet its year-end target of 10,000 BTC.

According to @bitcoinarchive, Semler Scientific ($SMLR) became a Bitcoin treasury company on May 28, 2024, acquiring 4,449 BTC now valued at $469 million, which exceeds its current market capitalization. Despite Bitcoin (BTC) rising 55% since the acquisition, SMLR shares have only increased by 2.3% in the same period. This divergence highlights the challenges Bitcoin treasury companies face in translating BTC gains into stock performance, signaling a potential disconnect between crypto asset appreciation and equity market response. Traders should note this mismatch when assessing exposure to Bitcoin via public equities instead of direct crypto holdings. (Source: @bitcoinarchive)