Bitcoin Hoarder Semler Scientific Appoints New Bitcoin Strategy Director, Aims for 10,000 BTC by Year-End
A major corporate Bitcoin holder is hiring a new BTC Strategy Director with ambitious plans for the end of this year.
According to a new press release, medical technology firm Semler Scientific is bringing on Joe Burnett to head up its BTC strategy division.
Burnett previously served as director of market research at the BTC-focused financial firm Unchained and as head analyst and product manager at Blockware Solutions.
According to the announcement, Semler plans to own 10,000 BTC by the end of 2025, 42,000 BTC by the end of 2026 and 105,000 BTC by the end of 2027.
Says Burnett,
“We are witnessing the global monetization of Bitcoin as a superior form of money. 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 Scientific is committed to massively growing its Bitcoin treasury in a highly accretive manner for stockholders, guided by a long-term conviction that Bitcoin is the ultimate long duration asset to hold. We are determined to build one of the largest corporate Bitcoin treasuries in the world.”
Just last month, Semler added $50 million worth of BTC to its treasury.
BTC is worth $104,169 at time of writing.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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