Semler Scientific plans to have 105,000 BTC in its holdings by 2027

The healthcare technology company Semler Scientific aims to increase its Bitcoin holdings from 3,800 to 105,000 BTC by 2027 and has appointed a new director to lead the plan.

The healthcare technology company Semler Scientific Inc. plans to increase its Bitcoin reserve nearly 28 times in the next two and a half years, from 3,808 Bitcoin to 105,000 Bitcoin.

Semler aims to hold a total of 10,000 Bitcoin (BTC) by the end of this year, then 42,000 BTC by the end of 2026, before reaching its final goal of 105,000 BTC in 2027, the company announced on Thursday.

It plans to use capital, debt financing, and operating cash flow to reach its goal, and has appointed a new director to lead the plan.

Semler bought Bitcoin for the first time in May 2024 and stated that it would continue to buy and hold Bitcoin long-term. Since then, it has acquired more than 3,800 BTC and has the thirteenth largest Bitcoin holding among publicly traded companies, according to data from BitBo.

Semler's plan comes amid a trend of public companies buying Bitcoin, with some prioritizing these purchases over their core business operations.

Reaching 105,000 BTC would mean that Semler owns 0.5% of the fixed supply of 21 million Bitcoin. The Japanese investment firm Metaplanet also announced on June 9 that it aims to buy 210,000 Bitcoin by the end of 2027.

Joe Burnett will lead the Bitcoin strategy

Semler stated that it hired Bitcoin researcher Joe Burnett as its “Bitcoin Strategy Director” to lead its Bitcoin purchasing plan.

Burnett previously served as a market research director at the Bitcoin financial services firm Unchained and before that as a chief analyst at the Bitcoin mining company Blockware Solutions.

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