The term “zombie companies” refers to firms that only make enough money to cover their debt payments but don’t have the resources to grow or innovate. Two companies that once fit this description—Metaplanet and Semler Scientific—found a surprising solution to their financial troubles: Bitcoin.
Semler Scientific’s Turnaround
Semler Scientific, a company with substantial cash reserves but a lack of investor interest, faced an uphill battle in maintaining market relevance.·
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