SMLRvsMSTR
Semler Scientific vs Strategy
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.
SMLR
Semler Scientific
🇺🇸 US
5,048 BTC
$320.8M market value
MSTR
Strategy
🇺🇸 US
843,706 BTC
$53.6B market value
Metric
SMLR
MSTR
BTC holdings
5,048 BTC
843,706 BTC
Market value of BTC
$320.8M
$53.6B
Average cost per BTC
$95,078.26
$75,700.00
Total cost basis
$479.9M
$63.9B
mNAV (market cap ÷ BTC value)
—
0.78×
Sats per share
33.0k
255.0k
Last disclosed purchase
10/3/2025
- 10/3/2025+0 BTC$3.1M
- 10/3/2025+0 BTC$0.00
- 8/4/2025+0 BTC$45.8M
- 7/24/2025+0 BTC$20.8M
- 7/24/2025+0 BTC$0.00
SMLR vs MSTR: frequently asked
Which company holds more Bitcoin, SMLR or MSTR?▾
Strategy (MSTR) holds 843,706 BTC, compared to Semler Scientific's (SMLR) 5,048 BTC — roughly 167.1× more.
What's the total Bitcoin value on the balance sheets of SMLR and MSTR?▾
SMLR holds $320.8M worth of Bitcoin at current market prices. MSTR holds $53.6B.
Who has a lower cost basis per BTC, SMLR or MSTR?▾
SMLR's average cost is $95,078.26 per BTC. MSTR's is $75,700.00. MSTR is the lower cost basis.
When did SMLR last buy Bitcoin?▾
SMLR disclosed a 0 BTC purchase on October 3, 2025.
When did MSTR last buy Bitcoin?▾
MSTR disclosed a -32 BTC purchase on June 1, 2026.