According to Deep Tide TechFlow, on June 18, Semler Scientific's Bitcoin asset valuation was nearly equal to its holding cost, with an mNAV of 1.07. The company's enterprise value of $498.5 million is slightly higher than its 4,449 Bitcoins, valued at $466 million. Matthew Sigel, head of digital asset research at VanEck, stated that many Bitcoin reserve companies may face similar pressures in the coming quarters.