Semler Scientific (NASDAQ:SMLR) Stock

Semler Scientific

Semler Scientific Inc is a United States based company that is engaged in providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. It focuses on developing, manufacturing, and marketing proprietary products and services that assist customers, including insurance plans, physicians, and risk assessment groups, in evaluating and treating chronic diseases. The company markets its vascular-testing product under the QuantaFlo brand, which is a four-minute in-office blood flow test. also invest in bitcoin and have adopted bitcoin as its treasury reserve asset. Company's healthcare technology solutions business is predominant operational focus, providing cash flows and enabling it to pursue bitcoin.

Semler Scientific Inc

Healthcare technology company Semler Scientific Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) announced its latest securities offering Tuesday to add to its fast-expanding Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stockpile.
What happened: In a Form S-3 registration statement with the SEC, the firm proposed to offer $500 million in securities, including debt securities, common stock, units, and warrants.
"We intend to use the net proceeds from the sale of any securities offered under this prospectus primarily for general corporate purposes, including the acquisition of Bitcoin," Semler said.&nbsp;
Semler <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/3904">adopted Bitcoin as its primary treasury reserve asset</a> in May 2024,&nbsp; funding its purchases through corporate maneuvers such as equity and debt financings, as well as cash flows from its operations.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/25/04/44831018/cathie-wood-declares-financial-services-revolution-after-data-shows-decentralized-finance-surpassing-traditional-banking-system">Cathie Wood Calls It &#8216;Financial Services Revolution&#8217; After Ark Analyst Highlights DeFi&#8217;s Dominance Over Traditional Banking System</a>
Earlier in January, the firm<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43195291/microstrategy-devotee-semler-scientific-doubles-down-on-bitcoin-buys"> issued convertible bonds worth $85 million</a> and used proceeds from the transaction to add to its Bitcoin reserves.
Metaplanet owned 3,192 BTCs worth $280 million as of this writing, making it the 12th-largest corporate holder of the leading cryptocurrency, <a href="https://bitcointreasuries.net/">according </a>to BitcoinTreasuries data.&nbsp;
Interestingly, the decision to buy more comes despite the firm&#8217;s 5% unrealized loss on Bitcoin assets.
Why It Matters: Semler's fundraising efforts come amid a broader trend of corporate Bitcoin adoption, evangelized by Michael Saylor's Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43878748/michael-saylor-bitcoin-is-economic-armor-calls-on-us-to-accumulate-btc">the world's biggest BTC hoarder</a>.
Japan-based Metaplanet Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTPLF#OTC">MTPLF</a>), currently the tenth-largest corporate Bitcoin holder, has <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44807580/eric-trump-celebrates-metaplanets-bitcoin-moonshot-as-japanese-firm-rockets-into-top-10-corporate-holders-with-388-million-btc-stash">followed the same playbook</a>.
In other news, Semler reached a $29.75 million settlement with the Justice Department, resolving claims of violations of a <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/39042812/semler-scientific-28-after-adopting-bitcoin-as-primary-treasury-reserve-asset-whats-going-">federal anti-fraud law</a> related to its marketing of a product known as QuantaFlo.
Price Action: At the time of writing, Bitcoin traded at $83,169.20, down 3.11% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Semler shares were down 0.15% in after-hours trading after closing 0.41% higher at $34.40 during Tuesday&#8217;s regular session. 
The stock demonstrated high momentum—the measure of a stock&#8217;s relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings </a>to compare how other Bitcoin-buying companies like Strategy score on this metric.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44832008/peter-schiff-says-since-trump-was-elected-bitcoin-advocates-took-a-180-turn-on-us-economy-but-critics-say-economist-mistaken">Peter Schiff Says Since Trump Was Elected Bitcoin Advocates Took A 180 Turn On US Economy, But Critics Say Economist Mistaken</a></li>
</ul>
Image Via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

Markets

$BTC

MSTR

MTPLF

SMLR

Despite Unrealized Losses, Semler Scientific Plans $500 Million Securities Offering To Boost Bitcoin Holdings

Although it has not yet finalized its full financial results for the first quarter ended March&nbsp;31, 2025, Semler Scientific,&nbsp;Inc., or Semler Sci, is providing select preliminary unaudited financial information for the first quarter ended March&nbsp;31, 2025 and an update on its Bitcoin holdings as of March&nbsp;31, 2025.
&nbsp;
Semler Sci anticipates reporting for the first three months ended and as of March&nbsp;31, 2025:
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Revenues of $8.8 to $8.9 million.</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Loss from operations of $1.3 to $1.5 million (which includes approximately $1.5 million of non-cash stock compensation, $0.4 million in state sales and use tax accrual, and $0.4 million in legal fees relating to the U.S. Department of Justice, or DOJ, civil investigative demand, or CID).</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Unrealized loss from the change in fair value of bitcoin holdings since December&nbsp;31, 2024 of approximately $41.8 million.</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Bitcoin holdings of 3,192 bitcoins as of March&nbsp;31, 2025, valued at approximately $263.5 million.</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Contingent liability relating to the settlement of DOJ CID of approximately $29.75 million.</td>
</tr>
</tbody>
</table>
</figure>
&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>·</td>
<td>Cash, restricted cash and cash equivalents as of March&nbsp;31, 2025 of approximately $9.9 million.</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Semler Scientific Expects Q1 Revenues Of $8.8M-$8.9M; Holds 3,192 Bitcoins Valued At ~$263.5M

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is increasingly popular <a href="https://www.benzinga.com/25/03/44569292/congressman-buys-up-to-600k-in-bitcoin-etf-after-selling-1-million-in-goldman-sachs-stock-committee-assignment-could-be-red-flag">among corporate buyers</a>, with on-chain data suggesting ongoing accumulation by other large entities.
What Happened: In a detailed X <a href="https://x.com/cryptoquant_com/status/1907377531143016915">thread</a> on Wedneday, research firm CryptoQuant pointed out that despite public companies accumulating 91,781 BTC in Q1, Bitcoin dropped 12%, from $94,400 to $82,500. 
Tether emerged as a surprise buyer, adding 8,888 BTC, while Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) made the largest move, acquiring 81,785 BTC for more than $8 billion.
Other buyers included The Blockchain Company (+605 BTC), Semler Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) (+1,108 BTC) and Metaplanet (+2,285 BTC) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTPLF#OTC">MTPLF</a>). 
On-chain analytics shows more corporate buying could be on the horizon, with Marathon Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) planning a $2 billion stock sale for BTC purchases and GameStop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) exploring a $1.3 billion Bitcoin strategy through a convertible note offering.
However, the price decline was driven by long-term holders selling 178,000 BTC in Q1, outweighing corporate accumulation. Additionally, $4.8 billion in Bitcoin ETF outflows added further downward pressure on price.
Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/04/44581901/bitcoin-is-in-a-mini-bear-market-says-10x-research">Bitcoin Is In A Mini Bear Market, Says 10x Research</a>
Why It Matters: Glassnode data listed several bullish indicators for Bitcoin:
<ul>
<li>Retail investors (under 1 BTC) are <a href="https://x.com/glassnode/status/1907358419859669116">offloading</a> while whales (10+ BTC) accumulate, highlighting a divergence in investor sentiment.</li>
<li>Bitcoin holders in the 3–6-month range (nearing long-term holder status) are <a href="https://x.com/glassnode/status/1906713577471234255">holding</a> strong despite volatility. Spending activity from this group is at its lowest since mid-2021, suggesting conviction, not panic selling.</li>
<li>BTC holders from 2020-2022 are still <a href="https://x.com/glassnode/status/1907001005251625160">holding</a> significant wealth, despite a 3% decline in their share since the November 2024 peak.</li>
</ul>
Crypto investor and entrepreneur Ted Pillows <a href="https://x.com/TedPillows/status/1907347270028116195">highlighted</a> Bitcoin ETF outflows of $157.8 million on Tuesday amid concerns over Trump&#8217;s tariff policy.
What's Next: Crypto trader Altcoin Sherpa notes sideways price action, with a lower low on the 4-hour chart.
The traders urges caution, with volatility expected in the current week.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Arguments all over the place on what <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> price is doing, this entire consolidation region is just a chop fest. Can make arguments that we just made a lower low on the 4h but I don&#39;t think you can really tell too much on this price action. Would rather just be on guard over the… <a href="https://t.co/B2ZSk1CtZu">pic.twitter.com/B2ZSk1CtZu</a>
&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1907398858654482891?ref_src=twsrc%5Etfw">April 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44583918/bitcoin-reclaims-84000-is-the-correction-nearing-its-end">Bitcoin Reclaims $84,000: Is The Correction Nearing Its End?</a></li>
</ul>
Image: Shutterstock

MARA

Bitcoin Slips 12% In 3 Months Despite Corporate Buying – What's Behind The Decline And What's Next?

Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) reported quarterly earnings of $3.41 per share which beat the analyst consensus estimate of $0.20 by 1605 percent. This is a 520 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $12.41 million which beat the analyst consensus estimate of $12.00 million by 3.44 percent. This is a 17.55 percent decrease over sales of $15.06 million the same period last year.

Earnings

Earnings Beats

Semler Scientific Q4 EPS $3.41 Beats $0.20 Estimate, Sales $12.41M Beat $12.00M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is estimated to report earnings for its fourth quarter. 
• Expeditors Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>) is projected to report quarterly earnings at $1.44 per share on revenue of $2.81 billion. 
• Franklin Electric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FELE#NASDAQ">FELE</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $465.87 million. 
• Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is estimated to report quarterly earnings at $3.62 per share on revenue of $1.01 billion. 
• GeneDx Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $82.24 million. 
• Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) is projected to report quarterly earnings at $2.19 per share on revenue of $1.67 billion. 
• Hillman Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLMN#NASDAQ">HLMN</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $350.45 million. 
• Vulcan Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMC#NYSE">VMC</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $1.81 billion. 
• NeoGenomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEO#NASDAQ">NEO</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $173.40 million. 
• Donnelley Financial Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $169.20 million. 
• Axsome Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>) is projected to report quarterly loss at $0.99 per share on revenue of $117.83 million. 
• Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $1.55 per share on revenue of $5.71 billion. 
• Visteon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VC#NASDAQ">VC</a>) is likely to report quarterly earnings at $1.97 per share on revenue of $954.17 million. 
• Chemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CC#NYSE">CC</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $1.37 billion. 
• Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) is likely to report quarterly earnings at $0.36 per share on revenue of $135.89 million. 
• Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $4.42 billion. 
• Allegion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) is expected to report quarterly earnings at $1.75 per share on revenue of $938.91 million. 
• iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $909.96 million. 
• Entergy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $3.17 billion. 
• Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $4.56 billion. 
• Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) is likely to report quarterly earnings at $0.23 per share on revenue of $211.20 million. 
• Blackbaud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLKB#NASDAQ">BLKB</a>) is likely to report quarterly earnings at $1.07 per share on revenue of $303.41 million. 
• Waystar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAY#NASDAQ">WAY</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $232.29 million. 
• Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) is expected to report quarterly earnings at $1.29 per share on revenue of $1.22 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $8.33 billion. 
<h3>Companies Reporting After The Bell</h3>
• James Hardie Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $960.80 million. 
• RB Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBA#NYSE">RBA</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $1.06 billion. 
• Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) is expected to report earnings for its first quarter. 
• Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $71.90 million. 
• ReNew Energy Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $264.79 million. 
• Select Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTTR#NYSE">WTTR</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $338.92 million. 
• Tactile Systems Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCMD#NASDAQ">TCMD</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $85.39 million. 
• TPG RE Finance Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRTX#NYSE">TRTX</a>) is projected to report quarterly earnings at $0.26 per share on revenue of $27.98 million. 
• SiriusPoint (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPNT#NYSE">SPNT</a>) is likely to report earnings for its fourth quarter. 
• Star Bulk Carriers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $238.48 million. 
• TrueCar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>) is expected to report quarterly loss at $0.02 per share on revenue of $47.30 million. 
• BlueLinx Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXC#NYSE">BXC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $700.66 million. 
• Compass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>) is projected to report quarterly loss at $0.03 per share on revenue of $1.29 billion. 
• Medifast (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MED#NYSE">MED</a>) is projected to report quarterly loss at $0.16 per share on revenue of $114.25 million. 
• Community Health Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) is projected to report quarterly loss at $0.05 per share on revenue of $3.14 billion. 
• Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) is expected to report quarterly loss at $0.24 per share on revenue of $781.68 million. 
• Perdoceo Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRDO#NASDAQ">PRDO</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $160.12 million. 
• Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) is likely to report earnings for its fourth quarter. 
• La-Z-Boy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) is estimated to report quarterly earnings at $0.67 per share on revenue of $516.47 million. 
• CVR Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAN#NYSE">UAN</a>) is likely to report earnings for its fourth quarter. 
• CVR Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>) is likely to report quarterly loss at $0.35 per share on revenue of $1.93 billion. 
• Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $286.07 million. 
• Sonoco Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>) is likely to report quarterly earnings at $1.22 per share on revenue of $1.65 billion. 
• CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $701.59 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $123.21 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $128.50 million. 
• Arteris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIP#NASDAQ">AIP</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $15.18 million. 
• Unisys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UIS#NYSE">UIS</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $550.93 million. 
• Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is expected to report quarterly earnings at $2.05 per share on revenue of $1.91 billion. 
• XP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $828.34 million. 
• Element Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $600.32 million. 
• Quad/Graphics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QUAD#NYSE">QUAD</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $726.70 million. 
• Bumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $260.00 million. 
• Center (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSR#NYSE">CSR</a>) is estimated to report quarterly earnings at $1.19 per share on revenue of $65.70 million. 
• Flowserve (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $1.21 billion. 
• Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $12.00 million. 
• Intl Flavors &amp; Fragrances (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFF#NYSE">IFF</a>) is likely to report quarterly earnings at $0.84 per share on revenue of $2.69 billion. 
• SSR Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $244.25 million. 
• BrightSpire Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRSP#NYSE">BRSP</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $48.20 million. 
• Corporacion Inmobiliaria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) is likely to report earnings for its fourth quarter. 
• Hackett Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCKT#NASDAQ">HCKT</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $75.64 million. 
• Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) is projected to report quarterly earnings at $0.57 per share on revenue of $1.90 billion. 
• Penumbra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEN#NYSE">PEN</a>) is expected to report quarterly earnings at $0.90 per share on revenue of $311.52 million. 
• JBG SMITH Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBGS#NYSE">JBGS</a>) is projected to report earnings for its fourth quarter. 
• Seven Hills Realty Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEVN#NASDAQ">SEVN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $8.31 million. 
• Industrial Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILPT#NASDAQ">ILPT</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $110.30 million. 
• Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is estimated to report quarterly earnings at $1.84 per share on revenue of $999.09 million. 
• Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $7.04 billion. 
• Community Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $29.90 million. 
• Adeia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADEA#NASDAQ">ADEA</a>) is estimated to report quarterly earnings at $0.42 per share on revenue of $113.93 million. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is expected to report earnings for its fourth quarter. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.83 per share on revenue of $1.86 billion. 
• Shift4 Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>) is expected to report quarterly earnings at $1.20 per share on revenue of $997.44 million. 
• Ingevity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGVT#NYSE">NGVT</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $315.20 million. 
• Celanese (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $2.39 billion. 
• MasterBrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBC#NYSE">MBC</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $722.85 million. 
• Gladstone Commercial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOD#NASDAQ">GOOD</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $38.20 million. 
• EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $1.82 billion. 
• Comstock Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRK#NYSE">CRK</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $378.74 million. 
• Genworth Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNW#NYSE">GNW</a>) is likely to report earnings for its fourth quarter. 
• Innospec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOSP#NASDAQ">IOSP</a>) is estimated to report quarterly earnings at $1.37 per share on revenue of $447.40 million. 
• Magnolia Oil &amp; Gas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGY#NYSE">MGY</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $330.88 million. 
• Sasol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) is expected to report earnings for its fourth quarter. 
• Sandstorm Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>) is expected to report earnings for its fourth quarter. 
• Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) is expected to report quarterly earnings at $1.31 per share on revenue of $4.30 billion. 
• Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is estimated to report quarterly earnings at $1.83 per share on revenue of $1.35 billion. 
• Ternium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TX#NYSE">TX</a>) is projected to report quarterly earnings at $1.28 per share on revenue of $4.49 billion. 
• Andersons (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANDE#NASDAQ">ANDE</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $2.73 billion. 
• Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYA#NASDAQ">LBTYA</a>) is likely to report quarterly loss at $0.96 per share on revenue of $1.95 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADEA

ALLE

ANDE

ANET

AXSM

BELFA

BELFB

BIDU

BLKB

BMBL

BRSP

CDNS

CHCT

COMP

CSGP

DFIN

EXPD

FELE

FOUR

GLDD

GOOD

HALO

HCKT

HLMN

ILPT

IOSP

JBGS

LBTYA

Citigroup Financial 300% Minupon Princ Protected Nts for Russell 2000 Index

MOBX

MTDR

NGVT

PRDO

QUAD

RUSHA

RUSHB

SAND

SBLK

SEVN

SOHU

SPNS

SPNT

SSRM

TCMD

TRTX

TRUE

VTMX

WTTR

Earnings Scheduled For February 18, 2025

Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>), a pioneer in developing and marketing technology products and services to assist its customers in evaluating and treating chronic diseases, today announced updates regarding its bitcoin (BTC) activity and holdings, and BTC Yield, a key performance indicator.
BTC Update
Between January 11, 2025 and February 3, 2025, Semler Scientific acquired 871 bitcoins for $88.5 million with proceeds generated from its January 2025 senior convertible notes offering and monetization of a portion of its minority investment in Monarch Medical Technologies, LLC. The average price of its bitcoin purchases was $101,616 per bitcoin, inclusive of fees and expenses. As of February 3, 2025, Semler Scientific held 3,192 bitcoins, which were acquired for an aggregate $280.4 million at an average purchase price of $87,854 per bitcoin, inclusive of fees and expenses.

Semler Scientific Updates BTC Holdings: Between January 11, 2025 And February 3, 2025 Acquires 871 Bitcoins For $88.5M, Totaling 3,192 Bitcoins Held for $280.4M

<h3>Gainers</h3>
<ul>
<li>Evaxion Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) stock increased by 87.1% to $6.81 during Friday's pre-market session. The market value of their outstanding shares is at $39.9 million. </li>
<li>Aclarion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACON#NASDAQ">ACON</a>) stock moved upwards by 63.19% to $0.07. The market value of their outstanding shares is at $1.6 million. </li>
<li>Dogwood Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DWTX#NASDAQ">DWTX</a>) shares moved upwards by 30.26% to $17.39. The market value of their outstanding shares is at $23.1 million. </li>
<li>TransCode Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAZ#NASDAQ">RNAZ</a>) stock rose 15.45% to $6.35. The market value of their outstanding shares is at $4.4 million. </li>
<li>Avenue Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXI#NASDAQ">ATXI</a>) shares moved upwards by 11.95% to $2.06. The market value of their outstanding shares is at $4.2 million. </li>
<li>Rein Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNTX#NASDAQ">RNTX</a>) stock increased by 11.81% to $2.46. The company's market cap stands at $53.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sophia Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPH#NASDAQ">SOPH</a>) shares fell 31.2% to $2.98 during Friday's pre-market session. The company's market cap stands at $194.8 million. </li>
<li>Jupiter Neurosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JUNS#NASDAQ">JUNS</a>) stock decreased by 15.18% to $1.23. The market value of their outstanding shares is at $40.7 million. </li>
<li>Quoin Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNRX#NASDAQ">QNRX</a>) stock decreased by 12.5% to $0.36. The market value of their outstanding shares is at $2.9 million. </li>
<li>Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) stock decreased by 11.7% to $54.0. The market value of their outstanding shares is at $518.2 million. </li>
<li>Cardio Diagnostics Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDIO#NASDAQ">CDIO</a>) stock declined by 8.0% to $0.46. The market value of their outstanding shares is at $18.6 million. </li>
<li>Actuate Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACTU#NASDAQ">ACTU</a>) shares fell 7.28% to $10.2. The market value of their outstanding shares is at $199.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

ACON

ACTU

ATXI

Cardio Diagnostics Holdings Inc. - Common stock

CDIO

DWTX

EVAX

JUNS

QNRX

RNAZ

RNTX

SOPH

12 Health Care Stocks Moving In Friday's Pre-Market Session

Semler Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>),<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42974303/a-better-way-to-play-bitcoin"> a medical technology company</a>, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). 
What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company&#8217;s <a href="https://ir.semlerscientific.com/news-releases/news-release-details/semler-scientificr-announces-pricing-upsized-offering-850">press release</a>. 
The offering, initially set at $75 million, was increased due to strong investor interest. 
The notes will be convertible into Semler&#8217;s common stock at an initial conversion price of approximately $76.44 per share, representing a 25% premium over the stock&#8217;s last reported sale price.
Notably, Semler Scientific intends to use a portion of the net proceeds &#8220;for general corporate purposes, including the acquisition of bitcoin,&#8221; marking a significant shift in the company&#8217;s treasury management strategy. 
This move aligns Semler with other publicly traded companies that have adopted Bitcoin as a treasury asset, such as MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>).
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43188280/heres-what-donald-trumps-crypto-czar-will-now-work-on">Here&#8217;s What Donald Trump&#8217;s &#8216;Crypto Czar&#8217; Will Now Work On</a>
Why It Matters: The company&#8217;s decision to invest in Bitcoin comes amid a broader trend of corporate Bitcoin adoption. 
Bitcoin miners, such as Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) are increasingly adopting &#8220;BTC Yield&#8221; strategies, inspired by MicroStrategy&#8217;s aggressive Bitcoin accumulation approach.
In Asia, Metaplanet Inc. has also been making waves with <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41585530/asias-microstrategy-metaplanet-buys-another-10-4m-in-bitcoin-exceeds-1-000-btc-holdings">its Bitcoin investment strategy</a>. The Tokyo-listed company recently purchased an additional $10.4 million worth of Bitcoin, bringing its total holdings to over 1,018 BTC, valued at approximately $67.1 million. 
Metaplanet&#8217;s approach mirrors that of MicroStrategy, positioning itself as &#8220;Asia&#8217;s answer to MicroStrategy.&#8221;
MicroStrategy itself has thus far <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43104549/microstrategy-buys-11000-bitcoin-total-holdings-reach-461000-btc">amassed 461,000 Bitcoin</a>.
Semler Scientific last made headlines in December 2024 by expanding its Bitcoin holdings <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42362590/semler-scientific-expands-bitcoin-holdings-to-over-180-million-with-latest-purchase">to over $180 million.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43187081/why-ethereum-now-offers-a-20-tactical-gain-10x-research">Why Ethereum Now Offers A 20% Tactical Gain: 10x Research</a></li>
</ul>
Image: Shutterstock

MicroStrategy Devotee Semler Scientific Doubles Down On Bitcoin Buys

Lake Street analyst Brooks O'Neil maintains Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) with a Buy and raises the price target from $40 to $71.

Price Target

Analyst Ratings

Lake Street Maintains Buy on Semler Scientific, Raises Price Target to $71

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.1% on Friday.
Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) fell sharply in today's pre-market trading after the company reported fourth-quarter fiscal <a href="https://www.benzinga.com/news/earnings/25/01/43186252/ericsson-q4-earnings-sales-climb-1-north-america-shines-dividend-raise-guidance-and-more">2024 results on Friday</a>.
The Swedish telecom equipment maker's sales grew 1% year-over-year to 72.9 billion Swedish Krona, driven by 54% growth in the North American market. In USD, sales of $6.77 billion missed the analyst consensus estimate of $6.93 billion. Ericsson reported an EPS of SEK 1.44 versus SEK 1.02 Y/Y. In USD, EPS of $0.13 missed the analyst consensus estimate of $0.19.
Ericsson shares tumbled 8.7% to $8.13 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Mineralys Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLYS#NASDAQ">MLYS</a>) shares dipped 29.8% to $7.20 in pre-market trading.</li>
<li>First Financial Bancorp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFBC#NASDAQ">FFBC</a>) declined 13.8% to $24.11 in pre-market trading after the company reported fourth-quarter results.</li>
<li>Valens Semiconductor Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLN#NYSE">VLN</a>) fell 12% to $2.58 in pre-market trading after declining 3% on Thursday.</li>
<li>Acacia Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACTG#NASDAQ">ACTG</a>) fell 11.7% to $3.86 in today's pre-market trading.</li>
<li>Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) shares dipped 10.9% to $54.49 in pre-market trading  after the company provided preliminary fourth-quarter guidance and proposed a $75 million private offering of convertible senior notes due 2030.</li>
<li>The Manitowoc Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>) shares tumbled 10.2% to $8.95 in pre-market trading.</li>
<li>Arcus Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCUS#NASDAQ">RCUS</a>) shares fell 9.9% to $12.01 in pre-market trading.</li>
<li>East West Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) shares declined 6.6% to $96.64 in pre-market trading after the company reported worse-than-expected Q4 earnings results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/01/43158901/jim-cramer-says-this-tech-stock-is-speculative-but-he-likes-it">Jim Cramer Says This Tech Stock Is Speculative But He Likes It</a></li>
</ul>

Pre-Market Outlook

Intraday Update

Trading Ideas

ACTG

ERIC

EWBC

FFBC

MLYS

RCUS

Ericsson Posts Weak Results, Joins East West Bancorp And Other Big Stocks Moving Lower In Friday's Pre-Market Session

WIIM

Semler Scientific shares are trading lower following preliminary Q4 guidance and a $75 million private offering of convertible senior notes due 2030.

Key Elements of the Transaction
<ul>
<li>Upsized $85.0 million 4.25% convertible senior notes offering (25% conversion premium)</li>
<li>Capped call transactions entered into in connection with the offering with an initial cap price of approximately $107.01 per share of Semler Scientific's common stock, which represents a premium of approximately 75% over the last reported sale price of the common stock on January 23, 2025</li>
</ul>

Financing

General

Semler Scientific Priced Its Offering Of $85M Of 4.25% Convertible Senior Notes Due 2030

<h3>Gainers</h3>
<ul>
<li>Evaxion Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) shares rose 40.1% to $5.1 during Friday's pre-market session. The market value of their outstanding shares is at $29.9 million. </li>
<li>Dogwood Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DWTX#NASDAQ">DWTX</a>) stock moved upwards by 26.29% to $16.86. The market value of their outstanding shares is at $22.4 million. </li>
<li>Aclarion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACON#NASDAQ">ACON</a>) stock increased by 25.23% to $0.05. The market value of their outstanding shares is at $1.2 million. </li>
<li>NextCure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTC#NASDAQ">NXTC</a>) stock moved upwards by 12.29% to $0.96. The company's market cap stands at $26.9 million. </li>
<li>Hepion Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEPA#NASDAQ">HEPA</a>) stock increased by 11.99% to $0.22. The company's market cap stands at $1.5 million. </li>
<li>Avenue Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXI#NASDAQ">ATXI</a>) shares rose 11.41% to $2.05. The company's market cap stands at $4.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Jupiter Neurosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JUNS#NASDAQ">JUNS</a>) shares decreased by 21.4% to $1.14 during Friday's pre-market session. The market value of their outstanding shares is at $37.7 million. </li>
<li>Artiva Biotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARTV#NASDAQ">ARTV</a>) shares decreased by 15.05% to $5.31. The company's market cap stands at $128.9 million. </li>
<li>Tiziana Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLSA#NASDAQ">TLSA</a>) shares declined by 14.24% to $0.76. The market value of their outstanding shares is at $78.8 million. </li>
<li>Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) shares declined by 10.06% to $55.0. The company's market cap stands at $527.8 million. </li>
<li>Arcus Biosciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCUS#NYSE">RCUS</a>) stock declined by 9.91% to $12.01. The market value of their outstanding shares is at $1.0 billion. </li>
<li>Alumis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALMS#NASDAQ">ALMS</a>) stock decreased by 8.68% to $6.0. The company's market cap stands at $326.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALMS

ARTV

HEPA

NXTC

TLSA

Semler Scientific shares are trading lower after the company provided preliminary Q4 guidance and proposed a $75 million private offering of convertible senior notes due 2030.

Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today announced select preliminary unaudited fourth quarter 2024 financial results and BTC holdings. Semler Scientific will report full financial results for the fourth quarter and full year ended December 31, 2024, as well as provide an update on its Bitcoin holdings after the close of U.S. financial markets on Tuesday, February 18, 2025.
Select Preliminary Unaudited Fourth Quarter 2024 Results
<ul>
<li>Revenues of $12.1 million to $12.5 million</li>
<li>Income from operations of $3.4 million to $3.7 million</li>
<li>Unrealized gain from change in fair value of bitcoin holdings of approximately $28.9 million</li>
<li>Cash, restricted cash and cash equivalents at December 31, 2024 of approximately $9.0 million</li>
</ul>

Semler Scientific Announces Q4 2024 Preliminary Revenue $12.1M-$12.5M, Operating Income $3.4M-$3.7M, Unrealized Bitcoin Gain $28.9M, Cash Holdings $9M

Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) today announced that it intends to offer, subject to market conditions and other factors, $75.0 million aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Semler Scientific also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the first date on which the notes are issued, up to an additional $15.0 million principal amount of notes.

Offerings

Semler Scientific Announces Proposed Private Offering Of $75M Of Convertible Senior Notes Due 2030

<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="584" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19195722/Image-1-1024x584.jpg" alt="" class="wp-image-4790" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19195722/Image-1-1024x584.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19195722/Image-1-300x171.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19195722/Image-1-768x438.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19195722/Image-1.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h2 class="wp-block-heading">Our Alternative Way To Play Bitcoin&nbsp;</h2>
In a post last Monday (&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42974303/a-better-way-to-play-bitcoin" target="_blank" rel="noreferrer noopener">A Better Way To Play Bitcoin?</a>&#8220;), we mentioned an alternative to MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>). 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MSTR</a> <a href="https://twitter.com/search?q=%24SMLR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SMLR</a> <a href="https://t.co/HfDautuD7Z">https://t.co/HfDautuD7Z</a>
&mdash; Portfolio Armor (@PortfolioArmor) <a href="https://twitter.com/PortfolioArmor/status/1878907161058988227?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As we wrote there, Semler Scientific adopted MicroStrategy&#8217;s Bitcoin Balance Sheet Strategy, but&#8211;unlike MicroStrategy, it has a profitable underlying business:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">Semler would seem to have a couple of major advantages over MicroStrategy, from an investor&#8217;s perspective. To start with, Semler&#8217;s core business is profitable, unlike MicroStrategy&#8217;s. You can see this in the comparisons below (the quantitative ratings are via <a href="https://www.chartmill.com/home?a=221937" target="_blank" rel="noreferrer noopener nofollow">Chartmill</a>). 
MicroStrategy:&nbsp;
<ul>
<li>Bitcoin value as a percentage of market cap: 51.8%&nbsp;</li>
<li>Overall fundamental rating: 2</li>
<li>Profitability rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3</li>
<li>Health rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2</li>
<li>Valuation rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2</li>
<li>Last quarter&#8217;s earnings: missed on top and bottom lines; lost money.</li>
</ul>
Semler Scientific:
<ul>
<li>Bitcoin value as a percentage of market cap: 47.3%.&nbsp;</li>
<li>Overall fundamental rating: 6</li>
<li>Profitability rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9</li>
<li>Health rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 8</li>
<li>Valuation rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 5</li>
<li>Last quarter&#8217;s earnings: beat on top and bottom lines; made money.&nbsp;</li>
</ul>
</blockquote>
So much for theory. Let&#8217;s look at what our SMLR trades were and how they&#8217;ve done so far.&nbsp;
<h2 class="wp-block-heading">Our Semler Scientific Trades</h2>
We placed three trades on Semler Scientific, two on Friday, January 10th, when we shared this idea with our Substack subscribers:&nbsp;
<ul>
<li>We bought shares of SMLR at $51.37.&nbsp;</li>
<li>We opened a vertical spread on SMLR expiring on April 17th, 2025, buying the $55 strike calls and selling the $60 strike calls, for a net debit of $1.50.&nbsp;</li>
</ul>
And one last Monday, when we posted about this on ZeroHedge:
<ul>
<li>We bought the the $55 strike calls on SMLR expiring on January 17th, for $0.75.&nbsp;</li>
</ul>
<h2 class="wp-block-heading">How That&#8217;s Going So Far</h2>
Semler Scientific closed at $64.68 on Friday, up nearly 26% on the week.&nbsp;
<figure class="wp-block-image aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="440" height="564" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200057/SMLR-Chart.jpg" alt="" class="wp-image-4791" style="width:440px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200057/SMLR-Chart.jpg 440w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200057/SMLR-Chart-234x300.jpg 234w" sizes="(max-width: 440px) 100vw, 440px" /></figure>
So our shares are up about 26%, and our vertical spread is in the money (if SMLR is still above $60 on April 17th, the spread we paid $1.50 for will be worth $5).
<h2 class="wp-block-heading">Good News And Bad News On Last Monday&#8217;s Trade</h2>
The good news is we sold our $55 strike calls on SMLR on Monday for $2.91, earning a 288% gain.&nbsp;
The bad news is that had we waited until Friday instead, we could have sold them for about $10, which would have given us a gain of about 1,300%.&nbsp;
<h2 class="wp-block-heading">An Approach We&#8217;ll Use Going Forward</h2>
The reason SMLR was on our radar was because it was one of our system&#8217;s <a href="https://portfolioarmor.substack.com/p/top-names-1162025" target="_blank" rel="noreferrer noopener nofollow">top ten names</a> that week. On Friday, we opened up<a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-chips" target="_blank" rel="noreferrer noopener nofollow"> a longer term trade</a> on another one of our top names last week, a chip stock. 
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-chips"><img loading="lazy" decoding="async" width="921" height="818" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200338/Trade-Alert.jpg" alt="" class="wp-image-4792" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200338/Trade-Alert.jpg 921w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200338/Trade-Alert-300x266.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200338/Trade-Alert-768x682.jpg 768w" sizes="(max-width: 921px) 100vw, 921px" /></a></figure>
If we get a pullback in that chip stock on Tuesday or Wednesday next week, we may take a flyer on another weekly call option.&nbsp;
If you&#8217;d like a heads up when we place our next trade, you can sign up for our trading Substack/occasional email list below.&nbsp;
And if you want to limit your downside risk, in light of Cem Karsan&#8217;s market warning last week,
<figure class="wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Karsan: 30-40% Market Decline Possible, Yields Will Pass 6%" width="500" height="281" src="https://www.youtube.com/embed/tgBfzSc-W4Q?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
You can&nbsp;download the Portfolio Armor optimal hedging app by aiming your iPhone camera at the QR code below (or by&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">tapping here</a>, if you&#8217;re reading this on your phone).&nbsp;
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19200850/QR-Code-5.jpg" alt="" class="wp-image-4793" /></a></figure>
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on our website. You can also follow Portfolio Armor on X <a href="https://twitter.com/portfolioarmor">here</a>, or become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19201049/Widget-7.jpg" alt="" class="wp-image-4795" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19201049/Widget-7.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/19201049/Widget-7-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

Options

Update On Our Better Way To Play Bitcoin

U.S. stocks were higher, with the Dow Jones index gaining over 300 points on Friday.
Shares of Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) rose sharply during Friday's session following <a href="https://www.benzinga.com/25/01/43055401/schlumberger-posts-strong-q4-results-raises-dividend-and-buybacks-championx-deal-to-strengthen-future-growth">fourth-quarter results</a>.
The company reported better-than-expected fourth-quarter EPS and revenue. Additionally, the Board announced a 3.6% increase in its quarterly cash dividend.
Symbotic shares jumped 17.7% to $31.48 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Blaize Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZAI#NASDAQ">BZAI</a>) shares jumped 25.4% to $8.15. The stock may be moving on continued strength after announcing a strategic partnership with AlwaysAI on Thursday.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares jumped 13.8% to $4.9499. SEALSQ announced common criteria EAL5+ certification for MS600X secure hardware platform.</li>
<li>Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) gained 13% to $83.18 following a WSJ report indicating activist investor Starboard Value has acquired a 7.7% stake in the company.</li>
<li>Sasol Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) rose 10.7% to $5.51</li>
<li>Coincheck Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNCK#NASDAQ">CNCK</a>) rose 9.3% to $9.77.</li>
<li>Telix Pharmaceuticals Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLX#NASDAQ">TLX</a>) surged 9% to $17.60.</li>
<li>Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) gained 8.8% to $63.38.</li>
<li>JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) gained 8.7% to $38.52.</li>
<li>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) rose 7.5% to $21.14. Barclays analyst Tom O&#8217;Malley maintained Intel with an Equal-Weight and lowered the price target from $25 to $23.</li>
<li>Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) rose 6.5% to $48.29 following fourth-quarter earnings.</li>
<li>Coca-Cola Consolidated, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) gained 5.6% to $1,411.80.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/43055377/how-to-earn-500-a-month-from-3m-stock-ahead-of-q4-earnings">How To Earn $500 A Month From 3M Stock Ahead Of Q4 Earnings</a></li>
</ul>

BZAI

CNCK

COKE

INTC

LAES

QRVO

SLB Posts Upbeat Results, Joins Bank OZK, Qorvo And Other Big Stocks Moving Higher On Friday

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="586" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201135/Top-Image-1024x586.jpg" alt="" class="wp-image-4615" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201135/Top-Image-1024x586.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201135/Top-Image-300x172.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201135/Top-Image-768x440.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201135/Top-Image.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h2 class="wp-block-heading">MicroStrategy As A Levered Play On Bitcoin</h2>
In recent years, MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has emerged as a essentially a levered play on Bitcoin. Over the last year, for example, MicroStrategy was up 468%, while Bitcoin was up 105%. 
<figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="820" height="368" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201322/MSTR-BTC-Chart.jpg" alt="" class="wp-image-4616" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201322/MSTR-BTC-Chart.jpg 820w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201322/MSTR-BTC-Chart-300x135.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201322/MSTR-BTC-Chart-768x345.jpg 768w" sizes="(max-width: 820px) 100vw, 820px" /></figure>
<h2 class="wp-block-heading">MicroStrategy&#8217;s Bitcoin Balance Sheet Strategy.&nbsp;</h2>
What drove MicroStrategy&#8217;s outperformance is its Bitcoin Balance Sheet Strategy. MicroStrategy CEO Michael Saylor is arguably the world&#8217;s leading cheerleader for Bitcoin. After having turned his company into a machine for acquiring Bitcoin, he presented his strategy to Microsoft Corporation&#8217;s board recently. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Microsoft Bitcoin Strategy - A Presentation by Michael Saylor" width="500" height="375" src="https://www.youtube.com/embed/cH2t6VOdgkE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
The general gist of MicroStrategy&#8217;s Bitcoin strategy is this:&nbsp;
<ul>
<li>Make Bitcoin the company&#8217;s primary treasury asset over cash.&nbsp;</li>
<li>Leverage secondary share offerings and debt offerings to buy more Bitcoin.&nbsp;</li>
<li>Use its underlying business to generate revenue to service the debt incurred to buy more Bitcoin.&nbsp;</li>
<li>Attract Bitcoin enthusiasts as shareholders which supports the share price and facilitates secondary offerings used to buy more Bitcoin.&nbsp;</li>
</ul>
<h2 class="wp-block-heading">Maybe Another Company Can Do This Better</h2>
Last year, another company decided to adopt MicroStrategy&#8217;s Bitcoin Balance Sheet Strategy:&nbsp;Semler Scientific, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Semler Scientific has acquired 237 BTC for ~$23.3 million at ~$98,267 per <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> and has generated BTC Yield of 99.3% since adopting our BTC treasury strategy in May 2024. As of 1/10/2025, we held 2,321 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> acquired for ~$191.9 million at ~$82,687 per bitcoin. <a href="https://twitter.com/search?q=%24SMLR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SMLR</a>
&mdash; Eric Semler (@SemlerEric) <a href="https://twitter.com/SemlerEric/status/1878790528738701464?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Semler would seem to have a couple of major advantages over MicroStrategy, from an investor&#8217;s perspective. To start with, Semler&#8217;s core business is profitable, unlike MicroStrategy&#8217;s. You can see this in the comparisons below (the quantitative ratings are via&nbsp;<a href="https://www.chartmill.com/home?a=221937">Chartmill</a>).&nbsp;
MicroStrategy:&nbsp;
<ul>
<li>Bitcoin value as a percentage of market cap: 51.8%&nbsp;</li>
<li>Overall fundamental rating: 2</li>
<li>Profitability rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3</li>
<li>Health rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2</li>
<li>Valuation rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2</li>
<li>Last quarter&#8217;s earnings: missed on top and bottom lines; lost money.</li>
</ul>
Semler Scientific:
<ul>
<li>Bitcoin value as a percentage of market cap: 47.3%.&nbsp;</li>
<li>Overall fundamental rating: 6</li>
<li>Profitability rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9</li>
<li>Health rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 8</li>
<li>Valuation rating:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 5</li>
<li>Last quarter&#8217;s earnings: beat on top and bottom lines; made money.&nbsp;</li>
</ul>
Another advantage Semler has is its current obscurity. We had never heard of the company until it appeared in our system&#8217;s&nbsp;<a href="https://portfolioarmor.substack.com/p/top-names-182025">top ten names</a>&nbsp;last week.&nbsp;
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/p/top-names-182025"><img loading="lazy" decoding="async" width="927" height="825" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201737/Top-Names-Post.jpg" alt="" class="wp-image-4618" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201737/Top-Names-Post.jpg 927w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201737/Top-Names-Post-300x267.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201737/Top-Names-Post-768x683.jpg 768w" sizes="(max-width: 927px) 100vw, 927px" /></a></figure>
<h2 class="wp-block-heading">Semler Scientific May Have More Upside From Here</h2>
We have positions in both MicroStrategy and Semler Scientific, but Semler may have more upside than MicroStrategy from here. Its stronger fundamentals and more recent adoption of the Bitcoin Balance Sheet Strategy may mean it has more dry powder to acquire Bitcoin relative to its market cap. It already has almost as much Bitcoin as a percentage of market cap than MicroStrategy does, despite having followed this strategy for less than a year. And if it becomes harder to raise money to buy Bitcoin, having a profitable underlying business means Semler Scientific will continue to be able to buy Bitcoin.&nbsp;
As more investors find out about Semler Scientific and compare it to MicroStrategy, it may become a higher-levered play on Bitcoin than MicroStrategy.&nbsp;
We shared our Semler Scientific trades with our subscribers last week. If you&#8217;d like a heads up when we place our next trade, you can subscribe to our trading Substack/occasional email list below.&nbsp;
And if you are concerned about market contagion, you can&nbsp;download our optimal hedging app by aiming your iPhone camera at the QR code below (or by&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">tapping here</a>, if you&#8217;re reading this on your phone).&nbsp;
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13201900/QR-Code-3.jpg" alt="" class="wp-image-4624" /></a></figure>
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on <a href="https://portfolioarmor.com/" target="_blank" rel="noreferrer noopener nofollow">our website</a>. You can also follow Portfolio Armor on X <a href="https://twitter.com/portfolioarmor">here</a>, or become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13202032/Widget-3.jpg" alt="" class="wp-image-4626" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13202032/Widget-3.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/01/13202032/Widget-3-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

A Better Way To Play Bitcoin?

Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>), a pioneer in developing and marketing technology products and services to healthcare providers to combat chronic diseases, today announced updates regarding its bitcoin (BTC) activity and holdings, capital markets activity, and BTC Yield, a key performance indicator.
BTC Update
Between December 16, 2024 and January 10, 2025, Semler Scientific acquired 237 bitcoins for $23.3 million with proceeds generated from its at-the-market (ATM) offering and operating cash flow at an average price of $98,267 per bitcoin, inclusive of fees and expenses. As of January 10, 2025, Semler Scientific held 2,321 bitcoins, which were acquired for an aggregate $191.9 million at an average purchase price of $82,687 per bitcoin, inclusive of fees and expenses.
ATM Update
As previously disclosed in Semler Scientific's registration statement on Form S-3 that became effective on August 13, 2024 (the S-3 Shelf), Semler Scientific entered into a Controlled Equity OfferingSM&nbsp;Sales Agreement with Cantor Fitzgerald &amp; Co. (Cantor), pursuant to which Semler Scientific may offer and sell from time to time its common stock in an ATM offering.
On December 16, 2024, Semler Scientific filed a second prospectus supplement to its S-3 Shelf to offer an additional $50.0 million of shares under its existing ATM offering with Cantor, increasing the total amount offered under the ATM to $150.0 million.&nbsp; As of January 10, 2025, Semler Scientific has generated approximately $121.8 million of gross proceeds from sales under the ATM offering.
BTC Yield as a Key Performance Indicator (KPI)
From October 1, 2024 to January 10, 2025, Semler Scientific's BTC Yield was 72.6%. From July 1, 2024 (the quarter after Semler Scientific adopted its bitcoin treasury strategy) to January 10, 2025, Semler Scientific's BTC Yield was 99.3%.
Semler Scientific uses BTC Yield as a KPI to help assess the performance of its strategy of acquiring bitcoin in a manner Semler Scientific believes is accretive to stockholders. Semler Scientific believes this KPI can be used to supplement an investor's understanding of Semler Scientific's decision to fund the purchase of bitcoin by issuing additional shares of its common stock.

Semler Scientific Announces Acquisition Of 237 Bitcoins For $23.3M; Total Holdings Reach 2,321 Bitcoins Valued At $191.9M. ATM Offering Raised $121.8M, Expanding Total Offering To $150.0M. BTC Yield At 72.6% Since October 2024 And 99.3% Since July 2024, Evaluated As KPI

Fintech

Press Releases

Semler Scientific® Announces Updated BTC and ATM Activity; Purchased Additional 303 BTC; Now Holds 1,873 BTC; BTC Yield of 78.7%

Semler Scientific® Announces Updated BTC and ATM Activity; Purchased Additional 211 BTC; Now Holds 2,084 BTC; BTC Yield of 92.8%

Semler Scientific® Announces Updated BTC and ATM Activity; Purchased Additional 237 BTC; Now Holds 2,321 BTC; BTC Yield of 99.3%

Semler Scientific® Announces Proposed Private Offering of $75.0 Million of Convertible Senior Notes

Semler Scientific® Announces Select Preliminary Unaudited Fourth Quarter 2024 Financial Results and Significant Unrealized Gain from Change in Fair Value of Bitcoin Holdings

Semler Scientific® Announces Pricing of Upsized Offering of $85.0 Million Convertible Senior Notes

Semler Scientific® Announces Updated BTC Activity; Monetizes Minority Investment to Purchase BTC; Purchased Additional 871 BTC; Now Holds 3,192 BTC; YTD BTC Yield of 152.2% Since July 1, 2024

Semler Scientific® Reports Fourth Quarter and Full Year 2024 Financial Results with a BTC Yield of 107% since July 1, 2024; Now holds 3,192 BTC

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Semler Scientific, Inc. (NASDAQ: SMLR) and Encourages Long-Term Shareholders to Contact the Firm

Legal

SEMLER STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of Semler Scientific, Inc. (NASDAQ: SMLR) and Encourages Long-Term Investors to Contact the Firm

Comments

Semler Scientific

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL