"Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment," said Eric Semler, Semler Scientific's chairman. "Bitcoin is now a major asset class with more than $1 trillion of market value. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability. We also believe its digital, architectural resilience makes it preferable to gold, which has a market value of approximately 10 times that of bitcoin. Given the gap in value between gold and bitcoin, we believe that bitcoin has the potential to generate outsize returns as it gains increasing acceptance as digital gold.
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0 sats \ 0 replies \ @TheBTCManual 2 Jun
Lol if you can't add AI into your pitch to try and drive interest in your company and liquidity for your stonk, stack Bitcoin on the balance sheet
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0 sats \ 4 replies \ @Satosora 2 Jun
Lol
They make is sound like they are doing everyone a favor, yet they just are holding bitcoin so that they can make a profit.
They arent a treasury in any way.
"Holdings are subject to market conditions."
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11 sats \ 3 replies \ @IamSINGLE 2 Jun
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21 sats \ 2 replies \ @Satosora 2 Jun
Just seems suspicious.
Kudos for them for investing in BTC, but they are doing it only to preserve their fiat value.
If the value tanks a bit, shit will hit the fan.
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10 sats \ 1 reply \ @IamSINGLE 2 Jun
All corporates are hoarding bitcoin just for maintaining their fiat value. It's sad but true.
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10 sats \ 0 replies \ @Satosora 2 Jun
Yes.
But because they are hoarding, it is stabilizing the price.
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