Matthew Sigel from VanEck cautions that Bitcoin-buying public companies may need to rethink their strategies if their stock prices fall significantly below their Bitcoin net asset values.
Semler Scientific’s stock has dropped over 45% this year, nearing parity with its Bitcoin holdings. This situation underlines the potential risks for companies aggressively acquiring Bitcoin.
VanEck suggests that companies should prioritize buybacks when BTC appreciates and conduct strategic reviews if their stock trades below net asset value thresholds for prolonged periods.
Leave a Reply