Semler Scientific’s Q4 EPS Rises to $3.64 After Adjusting Bitcoin Holdings

Medical device manufacturer Semler Scientific (SMLR) has bolstered its bitcoin holdings to 3,192 BTC, further strengthening its corporate treasury.

Key Takeaways:

• The company implemented the “fair value” accounting rule in Q4 2024, leading to a $28.85 million revaluation gain on its bitcoin holdings.
• As a result, net income skyrocketed to $29.2 million ($3.64 per share), a dramatic increase from $4.2 million ($0.62 per share) in Q4 2023.
• The FASB fair value rule, introduced in March 2024, requires companies to report digital assets at market value starting Q1 2025, though firms were permitted early adoption.
• Semler’s 3,192 BTC holdings are now valued at over $300 million, based on bitcoin’s current price of $95,000, with an aggregate purchase price of $280.4 million.
• Semler shares climbed 2.1% during regular trading on Tuesday and held steady after hours.