Semler Scientific Targets Hefty Bitcoin Stash Over Next 2 Years
Semler Scientific plans to acquire up to 105,000 Bitcoin by 2027, aiming to become the second-largest corporate holder after Michael Saylor. The company intends to expand its treasury reserves, having adopted Bitcoin as its primary reserve asset in May 2022. The acquisition plan includes increasing holdings to 10,000 BTC within a year and 42,000 BTC by the end of 2026, growing from approximately 4,449 BTC. Semler will fund this through equity financing, debt financing, and operational cash flow. The firm appointed Joe Burnett as director of Bitcoin Strategy, emphasizing the long-term nature of its investment. Semler's strategy could influence market dynamics and institutional attitudes towards Bitcoin, reinforcing its role as a macro hedge amid geopolitical tensions.
