Finance/Market News
Options Trading Now Available for Semler Scientific's Bitcoin Shares
Semler Scientific's shares, which leverage a bitcoin treasury strategy, are now up for options trading with significant growth in their stock price.
1 min read
Key Highlights:
- Trading Update: Options on shares of Semler Scientific (SMLR) are officially available for trading as of Tuesday.
- Bitcoin Strategy: The company has implemented a bitcoin treasury strategy, acquiring 2,084 bitcoins since May.
Recent Performance:
- Semler's share price has surged, nearly tripling since initiating its bitcoin purchases, with Monday's close above $74.
- The company's expansion continues via a secondary offering plan totaling $150 million.
About Options Trading:
Options give investors the right to buy or sell stocks at a defined price by a specific date. With a monthly average trading volume of around 500,000 shares, Semler meets key criteria for an options market.
Semler aims to replicate the successful capital strategies implemented by MicroStrategy, enhancing its market offering and providing investors with more robust tools for risk management.
