#BTCUnbound $BTC
Bitcoin reserves of Semler Scientific are expected to triple by 2025
According to PANews, Benchmark analyst Mark Palmer has confirmed a buy rating for Semler Scientific (SMLR), setting a target price of $101, nearly three times its current price of $35. The company currently holds 5,021 BTC, worth approximately $586 million. Semler Scientific plans to increase its Bitcoin reserves to 10,000 BTC by the end of 2025 through operational cash flow, a 4.25% convertible bond, and a small volume of issuance through ATMs.