Semler Scientific announced an ambitious plan to acquire 105,000 Bit by the end of 2027. The company hired a new Bitcoin strategy director to realize its long-term growth goals in this field.
The company is currently listed on the US Nasdaq and saw its stock price drop by almost 40% in 2025. However, the stock price briefly rebounded today after the Bitcoin announcement.
Semler Scientific Follows MicroStrategy Strategy
Semler Scientific has been acquiring Bit for a year and continues to be a major holder. Earlier this year, it significantly expanded BTC purchases through a $500 million stock offering.
Today, the company announced an even more ambitious plan by setting this massive goal:
$SMLR appoints Joe Burnett @IIICapital as Director of Bitcoin Strategy. Announces three-year plan to own 105,000 #Bitcoins by Year-End 2027. So fired up to have Joe on board to help with this exciting new chapter in Semler's $BTC mission. ๐
โ Eric Semler (@SemlerEric) June 19, 2025
At current prices, 105,000 Bit is equivalent to approximately $11 billion. However, the Bit price is likely to fluctuate significantly by the end of 2027.
For example, asset management firm Pantera Capital estimates that BTC will reach $750,000 by April 2028. Regardless of corporate acquisition trends, Semler will almost certainly become a top BTC holder if it achieves this goal.
In other words, this acquisition is a big promise. This explains why Semler Scientific appointed Joe Burnett as the new Bitcoin strategy director.
Metaplanet, another corporate Bit holder, maintains a similar stance to realize long-term goals.
"We are pleased that Joe can join the Bitcoin strategy team and help drive our three-year plan. Joe is an analytical thought leader in Bitcoin and Bitcoin financial companies. His expertise will play a crucial role in pursuing Bitcoin financial strategy and providing long-term value to shareholders." โ Chairman Eric Semler.
Surprisingly, Semler Scientific's plan does not mention initial Bit purchases, nor does it specify when these acquisitions will begin.
The company currently holds 3,808 BTC and plans to reach 10,000 by the end of the year. At this rate, they will need to purchase 95,000 Bit within two years, which is expected to create significant buying pressure in the market.
