Semler valued at $440M but holds $479M in Bitcoin. How is that possible? \ stacker news ~Stacker

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Semler valued at $440M but holds $479M in Bitcoin. How is that possible?

247 sats \ 3 comments \ @Daisy 9 Jun Stacker_Stocks

Semler Marketcap: $440M BTC Reserves: 4,449 BTC (~$479.9M) The company is worth less than its own Bitcoins! WHAT THE HELL???

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142 sats \ 2 replies \ @grayruby 9 Jun

It has 100M in debt.

40 sats \ 1 reply \ @BlokchainB 9 Jun

The voice of reason

60 sats \ 0 replies \ @grayruby 9 Jun

I still think they are pretty cheap because the company is making a profit so servicing the debt isn't a problem. I do have a small allocation in my retirement account.