SMLRvsBLSH
Semler Scientific vs Bullish
Side-by-side Bitcoin treasury comparison: holdings, market cap, mNAV ratio, BTC per share, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
Metric
SMLR
BLSH
BTC holdings
5,048 BTC
21,430 BTC
Market value of BTC
$331.5M
$1.4B
Average cost per BTC
$95,078.26
—
Total cost basis
$479.9M
—
mNAV (market cap ÷ BTC value)
—
2.92×
Sats per share
33.0k
14.2k
Last disclosed purchase
9/30/2025
- 9/30/2025+5,048 BTC$0.00
- 5/14/2026+190 BTC$0.00
- 3/10/2026+-1,010 BTC$0.00
- 3/10/2026+0 BTC$0.00
- 11/19/2025+80 BTC$0.00
SMLR vs BLSH: frequently asked
Which company holds more Bitcoin, SMLR or BLSH?▾
Bullish (BLSH) holds 21,430 BTC, compared to Semler Scientific's (SMLR) 5,048 BTC — roughly 4.2× more.
What's the total Bitcoin value on the balance sheets of SMLR and BLSH?▾
SMLR holds $331.5M worth of Bitcoin at current market prices. BLSH holds $1.4B.
Who has a lower cost basis per BTC, SMLR or BLSH?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did SMLR last buy Bitcoin?▾
SMLR disclosed a 5,048 BTC purchase on September 30, 2025.
When did BLSH last buy Bitcoin?▾
BLSH disclosed a 190 BTC purchase on May 14, 2026.