Coinbase (COIN) Stock Rebounds After Issuing $20M Loan to Semler Scientific
The post Coinbase (COIN) Stock Rebounds After Issuing $20M Loan to Semler Scientific appeared on BitcoinEthereumNews.com.
Coinbase Credit recently issued a $20 million loan to Semler Scientific, using Bitcoin as collateral. Notably, Coinbase (COIN) stock shows movement as investors track the loan and its implications in the broader Bitcoin as a reserve asset push. The deal was signed on September 25, 2025, to help Semler settle a U.S. Department of Justice obligation. Coinbase and Semler Scientific Agree on Loan Deal Coinbase Credit has lent $20 million to Semler Scientific. The loan is backed by Bitcoin and carries a 10% interest rate. The agreement was made on April 15, 2025, when Semler set up a Master Loan Agreement with Coinbase. This allowed the company to borrow either cash or digital assets when needed. On September 25, Semler Scientific borrowed the funds to pay a settlement with the U.S. Department of Justice. By using Bitcoin as collateral, Semler could secure the cash while still keeping its exposure to the cryptocurrency. For Semler Scientific, the deal provides needed liquidity. The company has faced pressure from falling revenue and cash flow problems. It also has operational challenges that weigh on its performance. At the same time, Semler Scientific shows strong profitability and has been making moves in both healthcare and Bitcoin-related investments. Analysts remain cautious on the Semler and COIN stock. The most recent rating for Semler Scientific (SMLR) is Hold, with a price target of $32. This loan marks a step forward for Coinbase as well. The company is expanding beyond trading into areas like lending and custody services. Notably, by accepting Bitcoin as collateral, Coinbase shows how digital assets can back real financial agreements. Coinbase (COIN) Stock and Insider Trading Trends Coinbase (COIN) stock closed at $303.96 on September 25, down 2.73 from the day before. The stock is now trading between $308.62, up 0.63%. Over the past…
Filed under: News - @ September 27, 2025 11:25 am