# **Semler Scientific Targets Acquisition of 105 Thousand Bitcoin by 2027**

Semler Scientific (SMLR) has announced a major plan to accumulate 105,000 Bitcoin (BTC) over the next three years. This move is part of the company's strategic transformation to make Bitcoin a key asset in their financial reserves.

The Nasdaq-listed health technology company has also officially appointed Joe Burnett as the Director of Bitcoin Strategy.

This appointment marks Semler's seriousness in strengthening its position in the digital asset world, following in the footsteps of other major companies that see Bitcoin as a hedge against the weakening of fiat currencies.

In the short term, Semler aims to hold 10,000 BTC by the end of 2025, then increase to 42,000 BTC by 2026. The purchase of Bitcoin will be financed through a combination of funding from stock sales, debt, and the company's cash flow.

“We see Bitcoin moving towards a phase of global monetization as a superior form of money,” said Burnett.

He added that Semler is ready to aggressively increase its Bitcoin holdings for the long-term benefit of shareholders.

*Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).*

-# Image Source: Linkedin