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Replying to Avatar Jor

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:

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Orange Pilled Dictator 1y ago

I actually owned this before it became a BTC company. Something about their core business isn't going great and I don't really know what it is. I worry that companies like this and meta planet are trying to cover up crappy operations. I suppose you can say the same for micro strategy, it's just they have taken the strategy to the extreme and for a while you could buy mstr for the same or less than the BTC treasury.

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