Benchmark Maintains Buy Rating on Semler Scientific with a Target Price of $101
According to ChainCatcher, citing a report from CoinDesk, Benchmark analyst Mark Palmer has reiterated a Buy rating for Semler Scientific (SMLR), setting a target price of $101—nearly three times its current price of $35. The company currently holds 5,021 BTC, valued at 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 limited number of ATM offerings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launches VIP Long-Short Trading Competition with a 100,000 USDT Prize Pool
Data: The current Crypto Fear and Greed Index is 55, indicating a neutral state
A major whale unstakes 30,010 SOL and deposits 30,050 SOL to an exchange
Trending news
MoreCrypto prices
More
