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Peter Schiff Takes A Dig On Semler Stock Surge After Bitcoin Purchase

May 30, 2024

On Tuesday, May 28, healthcare firm Semler Scientific (NASDAQ: SMLR) announced purchasing $40 million worth of Bitcoins as part of its treasury. Well, the news was enough to push the Semler (SMLR) stock price soaring by more than 25% ending Tuesday’s trading at $29.0 levels. In the aftermarket hours, the SMLR stock also made an additional run-up of 10%.

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