The U.S. Nasdaq-listed medical technology company Semler Scientific revealed on the 19th a three-year plan aiming for Holdings of 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. They also announced the appointment of Joe Barnett as the Chief Bitcoin Strategist.
Semra will launch its Bitcoin financial strategy in May 2024. It currently holds 4,449 BTC, recording an unrealized profit of approximately $57 million against an average acquisition price of $92,158.
Mr. Barnett, who has recently been appointed, is an expert who has asserted the superiority of Bitcoin as a monetary technology for over seven years. He has served as the Head of Market Research at the cryptocurrency media Unchained, contributing to the understanding of Bitcoin among institutional investors.
The company partnered with six investment banks including Barclays Capital in April to launch a stock sale program worth up to $500 million. By June 3, they had sold 3.54 million shares, generating approximately $136 million in net revenue.
Chairman Eric Semler expressed his “determination to build one of the world’s largest corporate Bitcoin finances.” Additionally, Mr. Barnett analyzes that “as the global monetization of Bitcoin progresses, the trend of adoption in corporate finance is clearly accelerating.”
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The US-listed Semler aims to hold over 100,000 BTC in Bitcoin within three years.
The U.S. Nasdaq-listed medical technology company Semler Scientific revealed on the 19th a three-year plan aiming for Holdings of 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. They also announced the appointment of Joe Barnett as the Chief Bitcoin Strategist.
Semra will launch its Bitcoin financial strategy in May 2024. It currently holds 4,449 BTC, recording an unrealized profit of approximately $57 million against an average acquisition price of $92,158.
Mr. Barnett, who has recently been appointed, is an expert who has asserted the superiority of Bitcoin as a monetary technology for over seven years. He has served as the Head of Market Research at the cryptocurrency media Unchained, contributing to the understanding of Bitcoin among institutional investors.
The company partnered with six investment banks including Barclays Capital in April to launch a stock sale program worth up to $500 million. By June 3, they had sold 3.54 million shares, generating approximately $136 million in net revenue.
Chairman Eric Semler expressed his “determination to build one of the world’s largest corporate Bitcoin finances.” Additionally, Mr. Barnett analyzes that “as the global monetization of Bitcoin progresses, the trend of adoption in corporate finance is clearly accelerating.”
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