Semler Scientific Plans to Acquire 105,000 Bitcoins by 2027

Semler Scientific plans to acquire 105,000 bitcoins by 2027, hiring Joe Burnett as Director of Bitcoin Strategy. The company aims to become the second largest Bitcoin holder, despite a recent decline in its stock prices.

Semler Scientific has announced an ambitious goal of acquiring 105,000 bitcoins by the end of 2027, aiming to become the second largest Bitcoin holder in the world. To lead this initiative, the firm has appointed Joe Burnett as its new Director of Bitcoin Strategy. This move follows a pattern seen with other major players in the market, such as MicroStrategy.

The company is currently listed on NASDAQ; however, its stock has taken quite a hit, experiencing nearly a 40% decline in 2025. Despite this downturn, Semler’s share prices showed a brief rally today, likely spurred by the announcement regarding their Bitcoin acquisition strategy.

Semler began its Bitcoin acquisition journey over a year ago and has steadily increased its holdings. Earlier this year, it leveraged a $500 million stock offering specifically to buy Bitcoin. With its new goal, the current valuation of 105,000 bitcoins is estimated around $11 billion, but Bitcoin prices can fluctuate dramatically, potentially impacting this ambitious target.

For context, investment firm Pantera Capital predicted Bitcoin could soar to around $750,000 by April 2028. If Semler meets its target, they will undoubtedly be one of the top Bitcoin holders, regardless of market trends. However, this is no small feat; such an acquisition involves enormous financial commitment.

Eric Semler, Chairman of Semler Scientific, expressed enthusiasm about Burnett’s new role, highlighting his expertise in Bitcoin and treasury management. “We are excited to have Joe join our Bitcoin strategy team and help drive our three-year plan to own 105,000 bitcoins,” Semler noted. His analytical approach is expected to be crucial as the company moves forward with its Bitcoin treasury strategy.

Interestingly, the plan does not outline an initial Bitcoin purchase or a clear timeline for when these acquisitions will commence. Currently, the firm possesses 3,808 BTC and aims to increase this to 10,000 by year’s end. Given this, they would need to secure a staggering 95,000 bitcoins within just two years, which would be nothing short of extraordinary if achieved.