Semler Scientific, a medical technology company, has announced plans to significantly increase its Bitcoin holdings in the coming years. The updated strategy aims to accumulate 105,000 BTC by 2027.
Updated Strategy of Semler Scientific
On June 19, Semler Scientific announced its plans to significantly expand its Bitcoin holdings. The targets include accumulating 10,000 BTC by the end of 2025, 42,000 BTC by the end of 2026, and 105,000 BTC by 2027. The purchases will be funded through a combination of equity and debt financing, along with operational cash flow.
New Appointments and Plans
To implement this strategy, Joe Burnett has been appointed as the director of Bitcoin strategy. Burnett, a long-time Bitcoin advocate and former market research director at Unchained, will be responsible for steering the company’s treasury expansion. Under his leadership, Semler aims to establish one of the largest corporate Bitcoin treasuries in the world. Burnett described this goal as aligned with the company’s long-term conviction in Bitcoin as the 'ultimate long-duration asset' to hold.
Bitcoin Market Among Companies
Semler Scientific first adopted Bitcoin as its primary treasury reserve asset in May 2024. Currently, the company has accumulated 3808 BTC, making it the 13th largest Bitcoin holder among publicly traded firms. Recent data show that Semler acquired 894 BTC in the first quarter of 2025 at a total cost of $90.7 million. Despite ongoing operating losses in its healthcare business, its Bitcoin strategy has driven positive returns, including a 22.2% yield in the first quarter of 2025.
Thus, Semler Scientific plans significant expansion of its Bitcoin reserves, reflecting the growing interest of public companies in cryptocurrencies as a strategic asset.