What is Nostr?
jor / Jor
npub103m…d3h5
2024-07-24 15:53:16

jor on Nostr: Has anyone looked into $SMLR? Semlar Scientific - the latest public company to add ...

Has anyone looked into $SMLR?

Semlar Scientific - the latest public company to add #bitcoin to their treasury

Before going further I should clarify that owning bitcoin in self custody is always going to be your best option

But for money trapped in the system...

Semlar has a medical patent that is a cash cow.

-Their cash reserves have doubled in the last 3 years (22 million in 2020, 57 million in 2023)
-Their income has doubled in the last 3 years (35 million in 2020, 61 million in 2023)
-They have almost zero debt (6 million total at Dec 31 2023)

They are buying bitcoin and will continue buying bitcoin with the insane amount of cash they're bringing in.

I mean just look at their results (PRE BITCOIN STRATEGY:
Author Public Key
npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5