A major corporate Bitcoin holder is hiring a new BTC Strategy Director with ambitious plans for the end of this year.
According to a new press release, medical technology firm Semler Scientific is bringing on Joe Burnett to head up its BTC strategy division.
[adinserter block="1"]Burnett previously served as director of market research at the BTC-focused financial firm Unchained and as head analyst and product manager at Blockware Solutions.
According to the announcement, Semler plans to own 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.
Says Burnett,
“We are witnessing the global monetization of Bitcoin as a superior form of money. The trend to adopt Bitcoin as part of corporate treasury is clearly accelerating. Semler Scientific, as the 2nd U.S. public company to adopt the Bitcoin Standard, has been at the forefront of this movement.
Semler Scientific is committed to massively growing its Bitcoin treasury in a highly accretive manner for stockholders, guided by a long-term conviction that Bitcoin is the ultimate long duration asset to hold. We are determined to build one of the largest corporate Bitcoin treasuries in the world.”
Just last month, Semler added $50 million worth of BTC to its treasury.
BTC is worth $104,169 at time of writing.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
