Semler Scientific Plans to Hold 105,000 Bitcoin by 2027
The post Semler Scientific Plans to Hold 105,000 Bitcoin by 2027 appeared on BitcoinEthereumNews.com. Holding 105,000 BTC would mean that Semler will manage about 0.5% of Bitcoin’s fixed supply. The healthcare tech firm prepares to achieve this through equity offerings, debt financing, and cash flow, with the goal of holding 10,000 BTC by the end of 2025 and 42,000 by 2026. To lead the effort, Semler appointed Bitcoin researcher Joe Burnett as director of Bitcoin strategy. While the move aligns with the broader corporate trend of accumulating Bitcoin as a treasury asset, analysts also raised concerns about potential risks if the company’s stock declines further. On the other hand, Kraken released a Bitcoin staking product via Babylon Labs that will allow users to earn rewards without leaving the exchange. Furthermore, XBTO and Arab Bank Switzerland introduced a Bitcoin yield product targeting institutional clients seeking non-speculative BTC income strategies. Semler Scientific Targets 105,000 Bitcoin Semler Scientific Inc., a healthcare technology firm, announced an ambitious plan to expand its Bitcoin holdings almost 28-fold over the next two-and-a-half years. The company currently holds 3,808 BTC and plans to reach 105,000 BTC by 2027. Semler plans to hold 10,000 BTC by the end of 2025, increase that to 42,000 BTC by the end of 2026, and eventually achieve its target using a mix of equity offerings, debt financing, and operational capital. Statement from Semler Scientific To spearhead this strategy, Semler appointed Bitcoin researcher Joe Burnett as its new director of Bitcoin strategy. Burnett brings experience from his previous roles at Unchained and Blockware Solutions, as well as a background at Big 4 firm EY. He mentioned that the movement among public companies to adopt Bitcoin as a treasury asset is gaining more momentum. Semler’s commitment to Bitcoin began in 2024 and already positioned it as the 13th spot among public companies with the largest Bitcoin holdings, based on data …
Announcement from Semler Scientific To spearhead this strategy, Semler appointed Bitcoin researcher Joe Burnett as its new director of Bitcoin strategy. Kraken released a new Bitcoin staking service through a collaboration with Babylon Labs, offering users a way to earn rewards on their Bitcoin without relying on bridging, wrapping, or lending mechanisms. Several companies are entering the space with similar offerings, including Hilbert Capital’s Bitcoin Yield Solution, Purpose Investments’ Purpose Bitcoin Yield ETF, NEOS’ Bitcoin High Income ETF, and Coinbase’s recently launched Bitcoin Yield Fund.
Semler Scientific Targets 105,000 Bitcoin Semler Scientific Inc., a healthcare technology firm, announced an ambitious plan to expand its Bitcoin holdings almost 28-fold over the next two-and-a-half years. Kraken launched a new Bitcoin staking service through an integration with Babylon Labs, offering users a way to earn rewards on their Bitcoin without relying on bridging, wrapping, or financing mechanisms. BTCFi TVL growth (Source: Binance) Other BTCFi examples include Bitcoin sidechains like Rootstock, the Liquid Network, and Bitcoin’s Lightning Network integrated with Taproot Assets for tokenization. XBTO and Arab Bank Launch Bitcoin Yield Product Crypto investment firm XBTO recently partnered with Arab Bank Switzerland to launch a Bitcoin yield product tailored for the bank’s wealth management clients. Several firms are entering the space with similar offerings, including Hilbert Capital’s Bitcoin Yield Option, Purpose Investments’ Purpose Bitcoin Yield ETF, NEOS’ Bitcoin High Income ETF, and Coinbase’s recently introduced Bitcoin Yield Fund.