Semler Scientific Announces Bitcoin Treasury of 105,000 BTC By 2027

Semler Scientific (SMLR), a publicly listed company, plans to implement a Bitcoin strategy with a goal of 105,000 BTC by 2027, which would make the company one of the largest corporate holders of Bitcoin worldwide. Semler initially aims to accumulate 10,000 BTC by the end of 2025. Joe Burnett has been appointed as director of Bitcoin strategy and will be tasked with providing expertise to inform the treasury strategy. The roadmap for the treasury strategy will include a 42,000 BTC signpost by the end of 2026 and 105,000 BTC by the end of 2027. Publicly listed companies have taken an interest in Bitcoin as a store of long-term value. They are racing to accumulate enough cryptocurrency to give their companies a strategic advantage.

Semler made a public announcement about the treasury strategy so that investors would be better informed about their company. The treasury would utilise Bitcoin as its primary reserve asset. They outlined their accumulation roadmap, reaching fulfillment in 2027 if the strategy goes according to plan, with a treasury holding of 105,000 BTC. Semler will finance its Bitcoin acquisitions through various financial methods. Bitcoin trading expert Joe Burnett will direct the strategy and use his expertise to ensure a smooth treasury funding process. The company’s announcement revealed that Semler started its Bitcoin treasury in May 2024. The company has already amassed useful profits with the Bitcoin they have accumulated. Eric Semler, Semler chairman, expressed confidence in Burnett’s ability to use his extensive expertise to execute the strategy successfully. Eric Semler stated that Burnett was a thought leader regarding Bitcoin investments and the right person for the job.

The Bitcoin treasury of Semler Scientific currently amounts to 4,449 BTC valued at around $462 million, nearly halfway to their 2025 target of 10,000 BTC. A treasury strategy is in vogue with many corporations creating reserve Bitcoin treasuries to take advantage of the asset’s long-term value. Semler, however, still has a long way to go to meet their targets. The company is currently ranked within the top 15 corporate Bitcoin holders. A few trends concerning digital assets are circulating in the business world, including an uptick in stablecoin use and demand for Bitcoin treasuries. Around 230 companies across the globe have used Bitcoin to boost their treasury holdings. Semler hopes to get ahead of the pack and embrace what is described as a groundbreaking financial innovation. 

Joe Burnett, Bitcoin researcher, has been hired by Semler Scientific to head the Bitcoin treasury department. Burnett has been titled ‘director of Bitcoin strategy’ and will ensure the treasury roadmap is on track. Burnett has an appropriate resume for the position, including a role as director of market research for Unchained, head analyst at Bitcoin mining firm Blockware Solutions, and a position at accounting firm EY. Burnett is committed to working in the Bitcoin industry as a full-time career move. He will benefit greatly from his new role with Semler Scientific because he has the opportunity to manage what will hopefully become one of the largest Bitcoin treasuries in the world. 

However, this week, Matthew Sigel, crypto researcher from VanEck, warned companies to beware of Bitcoin treasury strategies if their stock price drops dramatically. Sigel argued this week that shareholder value could be drastically diluted if the stock price falls below net asset value. He reasons that this could be a problem for many companies that use share issuance methods to fund a Bitcoin treasury. The warning comes as companies look at the upside of a Bitcoin treasury and do not consider the risks involved. Sigel pointed out that no company has reached this stage yet, but Sigel Scientific is nearly dropping below its net asset value. The event may trigger unintended consequences, according to Sigel, and may prove to be a drawback for the treasury method.