Semler Scientific Aims for #2 Bitcoin Treasury by 2027—Wall Street’s Newest Crypto Convert

Move over MicroStrategy—there's a new corporate Bitcoin whale in the making. Semler Scientific just laid out ambitions to become the second-largest public company BTC holder within two years, swapping stethoscopes for satoshis in a pivot that'd make even the most hardened crypto bro raise an eyebrow.

The audacious 2027 target puts Semler on collision course with crypto's corporate hall of fame. While the medical tech firm hasn't disclosed exact purchase timelines (or where they're hiding the cold storage keys), their treasury strategy now reads like a Bitcoin maxi's manifesto.

Wall Street analysts are already sharpening their pencils—some to calculate unrealized gains, others to draft 'I told you so' memos when volatility hits. Because nothing says 'stable balance sheet' like betting the corporate treasury on an asset that regularly does 20% swings before lunch.

Semler Scientific to Follow MicroStrategy’s Playbook

Semler Scientific first began acquiring Bitcoin over a year ago, and it has continued to be a major holder. Earlier this year, it significantly ramped up purchases with a $500 million stock offering to buy BTC.

Today, it has announced even more ambitious by setting this monumental 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.

At the current price, 105,000 bitcoins WOULD translate to around $11 billion. However, the price of Bitcoin will likely change significantly by the end of 2027.

For instance, Pantera Capital estimated that BTC will reach $750,000 by April 2028. Regardless of corporate acquisition trends, Semler would almost certainly be a top-level BTC holder if it met this goal.

In other words, this kind of acquisition is a huge commitment. This helps explain why Semler Scientific is appointing Joe Burnett to be its new Director of Bitcoin Strategy.

Metaplanet, another corporate Bitcoin holder, maintains a similar position to help realize its long-term goals.

“We are excited to have Joe join our Bitcoin strategy team and help drive our three-year-plan to own 105,000 bitcoins. Joe is an analytical thought leader on Bitcoin and Bitcoin treasury companies. His expertise will be instrumental as we pursue our Bitcoin treasury strategy and aim to deliver long-term value to our stockholders,” claimed Chairman Eric Semler.

Surprisingly, Semler Scientific’s plan does not mention an initial Bitcoin purchase anywhere, nor does it say when these acquisitions will begin.

The firm currently holds 3,808 BTC and plans to reach 10,000 by the end of the year. At that rate, it would need to purchase 95,000 bitcoins in two years, which would be astonishing.