Semler Scientific, the second publicly traded company in the U.S. to adopt Bitcoin as a reserve asset, has announced plans to accumulate Bitcoin up to 105,000 BTC by 2027. The company has already increased its holdings and appointed a new strategy director.
Bitcoin Accumulation Strategy
Semler Scientific intends to acquire at least 10,000 BTC by the end of 2025, 42,000 BTC by 2026, and 105,000 BTC by 2027.
Appointment of Bitcoin Strategy Director
The company has appointed Joe Burnett as the Director of Bitcoin Strategy. Eric Semler, the company's chairman, noted that his expertise will be crucial in executing their three-year Bitcoin accumulation plan.
Performance and Current Asset Value
As of now, Semler Scientific owns 4,449 BTC worth approximately $446 million. The average cost per Bitcoin is $92,158. The company has achieved 287% Bitcoin yield year-to-date.
Semler Scientific continues to grow its Bitcoin assets with ambitious plans for the future, highlighting the increasing interest in cryptocurrencies from the corporate sector.
