Semler Scientific, the second U.S. publicly traded firm to undertake Bitcoin as its major treasury reserve asset, has appointed Joe Burnett as Director of Bitcoin Strategy whereas asserting a Bitcoin accumulation plan. The healthcare know-how firm targets holding 10,000 Bitcoin by 12 months finish 2025, 42,000 by 2026, and 105,000 by 2027.
The announcement comes as Semler continues increasing its Bitcoin holdings. The corporate lately acquired 185 Bitcoin between Might 23 and June 3 for $20 million, bringing whole holdings to 4,449 BTC price roughly $446.2 million at present costs.
“We are excited to have Joe join our Bitcoin strategy team and help drive our three-year-plan to own 105,000 Bitcoins,” stated Eric Semler, chairman of Semler Scientific. “Joe is an analytical thought leader on Bitcoin and Bitcoin treasury companies. His expertise will be instrumental as we pursue our Bitcoin treasury strategy and aim to deliver long-term value to our stockholders.”
Since adopting its Bitcoin Customary in Might 2024, Semler has “achieved approximately 287% BTC Yield and a $177 million BTC $ Gain through June 3, 2025,” Semler famous. The corporate at the moment studies a year-to-date BTC Yield of 26.7%.
As former director of market analysis at Unchained, Burnett contributed to serving to institutional Bitcoin adoption by offering collaborative custody options. He beforehand served as head analyst at Blockware Options, serving to launch one of many largest Bitcoin mining platforms in the USA.
“We are witnessing the global monetization of Bitcoin as a superior form of money,” stated Burnett. “The trend to adopt Bitcoin as part of corporate treasury is clearly accelerating. Semler Scientific, as the 2nd U.S. public company to adopt the Bitcoin Standard, has been at the forefront of this movement.”
Semler’s Bitcoin technique entails utilizing proceeds from fairness and debt financings plus operational money flows. Since launching its market providing program in April 2025, the corporate has raised roughly $136.2 million via inventory gross sales.
The corporate has acquired 4,449 Bitcoin for $410.0 million at a median value of $92,158 per Bitcoin. “We continue to accretively grow our Bitcoin arsenal using operating cash flow and proceeds from debt and equity financings,” Semler said.
