Data: The market cap of SMLR is inversely related to the value of its BTC holdings, and the Bitcoin strategy has not led to its appreciation.

BlockBeats reported on June 17 that, according to data disclosed by Farside Investors, the US-listed medical technology company Semler Scientific (SMLR) became a Bitcoin-focused financial company as of May 28, 2024. Since then, the company has accumulated 4,449 Bitcoins, currently valued at $469 million, a figure that exceeds SMLR's market capitalization of $326 million.

During this period, Bitcoin has risen by 55%. However, since May 28, 2024, SMLR's stock price has only increased by 2.3%. "Being a Bitcoin financial company isn't all fun and games."