Joe Burnett was recently appointed as Bitcoin Strategy Director.
Bitcoin is “a higher form of money,” says Burnett.
Semler Scientific, a technology company dedicated to the health sector, plans to acquire 105,000 Bitcoin (BTC) towards the end of 2027 as part of its financial strategy.
The plan foresee Reach 10,000 bitcoin at the end of 2025 and 42,000 in 2026. The company will use for this purpose of operations, debt emissions and capital placements.
The decision is part of its treasury strategy adopted in May 2024, which made Bitcoin in its main reserve asset. Since then, Semler Scientific has registered a 287% yield on its position in Bitcoin and an estimated gain of 177 million dollars until June 3, 2025, according to company data.
In parallel, the company, which already accumulates 4,449 Bitcoin, appointed Joe Burnett as Bitcoin strategy director. Burnett joins the team with the aim of promoting the trianual accumulation plan, according to Eric Semler, president of the company.
Semler described Burnett as an analytical leader with knowledge in Bitcoin -centered corporate strategies and added that his experience will be key in the implementation of financial policy based on that asset.
Burnett said that Bitcoin’s adoption by corporations is an expanding trend and that Semler Scientific It seeks to position itself among the main business holders of the digital asset.
He declared that Bitcoin represents, in his vision, “a higher form of money” and that the company is committed to increasing its treasury so that it generates long -term value for shareholders. “We are determined to build one of Bitcoin’s largest corporate treasures in the world,” he said.
The accumulation plan is subject to the availability of financial resources and market conditions. The company did not detail whether regular purchases or if you will opt for strategic acquisitions according to price movements. Nor reported on possible risks associated with the value of the asset or on custody or safety mechanisms.
With this announcement, Semler Scientific is positioned among the companies that make up Bitcoin as a central part of their financial strategy, being part of the phenomenon of the “Saylorization”, In reference to Michael Saylor, president of Strategy, the public company with greater BTC accumulated to date.
Other companies in the health sector They have also joined the accumulation of Bitcoinas is the case with Global Limited Prenectics, which yesterday announced the purchase of 187.42 Bitcoin for an approximate value of USD 20 million, as reported by cryptootics.
