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Semler Scientific Appoints Joe Burnett as Director of Bitcoin Strategy, Targets 105,000 BTC by 2027
- Semler Scientific appoints Joe Burnett as Director of Bitcoin Strategy and announces a Bitcoin accumulation plan.
- The company aims to hold 10,000 Bitcoin by 2025, 42,000 by 2026, and 105,000 by 2027.
- Semler recently acquired 185 Bitcoin, totaling 4,449 BTC worth around $446.2 million.
- The company has seen significant BTC yield and gain since adopting the Bitcoin Standard in May 2024.
- Joe Burnett, with previous experience in Bitcoin market research and mining, joins Semler's team.
- Semler's Bitcoin strategy involves using funds from equity, debt financings, and operational cash flows.
- The company has raised $136.2 million through stock sales and acquired 4,449 Bitcoin for $410.0 million.
- Semler aims to grow their Bitcoin holdings using various financial sources.
- Joe Burnett highlights the global trend of adopting Bitcoin for corporate treasuries.
- Semler continues to be a part of the movement towards Bitcoin adoption.
- Semler's chairman expresses enthusiasm towards Joe's role in advancing their Bitcoin strategy.
- The company aims to provide long-term value to stockholders through its Bitcoin treasury strategy.
- Semler reports a year-to-date BTC yield of 26.7% as of June 3, 2025.
- The announcement marks Semler's focus on expanding its Bitcoin holdings and maximizing yield.
- The company's overall Bitcoin target is aligned with the increasing trend of Bitcoin adoption in corporate treasuries.
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