Semler Scientific Targets Hefty Bitcoin Stash Over Next 2 Years
Semler Scientific, a NASDAQ-listed healthcare technology firm, aims to acquire up to 105,000 Bitcoin by 2027, positioning itself as the second-largest corporate holder of the asset after Michael Saylor's MicroStrategy. The company plans to fund these acquisitions through equity offerings, debt financing, and operational cash flow, having already raised significant capital through a stock offering. Semler's aggressive strategy includes increasing holdings from approximately 4,449 BTC at present to 10,000 within a year, and to 42,000 BTC by the end of 2026. This decision comes as the firm embraces Bitcoin as a foundational treasury asset, framing it as a long-term approach rather than a speculative maneuver. Semler has appointed Joe Burnett, a veteran in the field, as the director of Bitcoin Strategy to oversee this initiative, which analysts believe could influence broader market dynamics due to its significant acquisition strategy.
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