Semler Scientific uses fair value rules to adjust the value of Bitcoin, and net income increased significantly in the fourth quarter

Semler Scientific (SMLR) adopted new fair value accounting rules in the fourth quarter of 2024, adjusting the value of its Bitcoin holdings by $28.85 million, resulting in net income of $29.206 million ($3.64 per share) for the quarter, a significant increase from $4.2 million ($0.62 per share) in the same period last year. As of now, Semler holds 3192 bitcoins, with a current market value of more than US$300 million, and a total purchase price of US$280.4 million.（CoinDesk）

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