Semler Scientific, Inc. (NASDAQ:SMLR), a $457 million market cap healthcare technology company with impressive gross profit margins of 91%, announced Thursday it has entered into a $20 million loan agreement with Coinbase Credit Inc., using Bitcoin as collateral. According to InvestingPro analysis, the company currently trades at a P/E ratio of 7.67. The transaction was disclosed in a press release statement filed with the Securities and Exchange Commission. According to the filing, the loan was executed under a master loan agreement originally signed on April 15, 2025, with Coinbase Credit Inc. and Coinbase Inc. The agreement allows Semler Scientific to borrow cash or digital assets, secured by a first priority security interest in Bitcoin posted as collateral. Each loan under the agreement is subject to minimum margin requirements based on the value of the Bitcoin collateral.