Beyond the popularity gained in the cryptocurrency sector, corporate Bitcoin cash holdings are driving up the prices of the stocks concerned. In this field, Semler Scientific could well be significantly undervalued.
Bitcoin corporate treasuries: the best way to outperform BTC?
The Bitcoin blockchain is experiencing its lowest level of activity in years. However, the price of BTC remains stable, driven by the combined momentum of spot ETFs and corporate treasuries spreading around the world.
This entrepreneurial accumulation of Bitcoin is attracting the attention of investors, with returns often significantly higher than those of BTC. That is why analyst Mark Palmer has just studied its potential on behalf of Broker Benchmark.
An analysis in which the name Semler Scientific seems to have caught everyone’s attention. The company currently has a stock of 4,636 BTC, estimated at just over $500 million, acquired at an average price of $92,753 per Bitcoin.
At the same time, its share price rose 178% in the six months following the announcement of its first acquisitions, peaking at over $80 in December 2024.
However, Mark Palmer believes that this result is still far from the full potential of this strategy.
Semler Scientific (SMLR): a Bitcoin stock that is significantly undervalued
To support his analysis, Mark Palmer uses the concept of multiple net asset value (mNAV). This calculation can determine whether an asset is undervalued or not. In the case of Semler Scientific, it appears that the results obtained are well below those of other corporate cash stocks.
According to the analyst’s calculations, Metaplanet and Blockchain Group have achieved 4.29 and 6.45 respectively. At the same time, Semler Scientific has achieved a modest 1.25, which seems to promise much more.
Semler Scientific aims to increase its Bitcoin holdings over the next few years, reaching 10,000 BTC by the end of 2025 and 105,000 by the end of 2027.
This aggressive policy is the basis for Mark Palmer’s ambitious buy recommendation: a SMLR share price of $101, provided that BTC reaches $225,000 by the end of 2026. The countdown is on.
