Bitcoin treasury company, Semler Scientific, recently announced their plans to acquire significantly more Bitcoin in the coming years, after the appointment of Bitcoin bull, Joe Burnett, as their Director of Bitcoin Strategy. Semler Scientific is targeting a totåal holding of 10,000 BTC by the end of the year, 42,000 by the end of 2026 and 105,000 by the end of 2027. At the moment, they hold 3,975 BTC, or $481.6M worth.
Semler Scientific adopted a Bitcoin treasury strategy in mid 2024, following in the footsteps of Michael Saylor’s Strategy (then, MicroStrategy). Their publicly traded stock, SMLR, has since risen approximately 50% from their first announcement, with the recent news pushing their stock up 13.15%.
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