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Semler Scientific Appoints Joe Burnett As Director Of Bitcoin Strategy, Targets 105,000 BTC By 2027

June 19, 2025Updated:June 20, 2025No Comments3 Mins Read
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Semler Scientific Appoints Joe Burnett As Director Of Bitcoin Strategy, Targets 105,000 BTC By 2027
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Semler Scientific, the second U.S. publicly traded firm to undertake Bitcoin as its main treasury reserve asset, has appointed Joe Burnett as Director of Bitcoin Technique whereas asserting a Bitcoin accumulation plan. The healthcare know-how firm targets holding 10,000 Bitcoin by 12 months finish 2025, 42,000 by 2026, and 105,000 by 2027. 

$SMLR appoints Joe Burnett @IIICapital as Director of Bitcoin Technique. Pronounces three-year plan to personal 105,000 #Bitcoins by Yr-Finish 2027. So fired as much as have Joe on board to assist with this thrilling new chapter in Semler’s $BTC mission.

— Eric Semler (@SemlerEric) June 19, 2025

The announcement comes as Semler continues increasing its Bitcoin holdings. The corporate just lately acquired 185 Bitcoin between Could 23 and June 3 for $20 million, bringing whole holdings to 4,449 BTC value roughly $446.2 million at present costs. 

“We’re excited to have Joe be a part of our Bitcoin technique crew and assist drive our three-year-plan to personal 105,000 Bitcoins,” mentioned Eric Semler, chairman of Semler Scientific. “Joe is an analytical thought chief on Bitcoin and Bitcoin treasury firms. His experience will probably be instrumental as we pursue our Bitcoin treasury technique and purpose to ship long-term worth to our stockholders.” 

Since adopting its Bitcoin Customary in Could 2024, Semler has “achieved roughly 287% BTC Yield and a $177 million BTC $ Achieve via June 3, 2025,” Semler famous. The corporate presently reviews a year-to-date BTC Yield of 26.7%. 

As former director of market analysis at Unchained, Burnett contributed to serving to institutional Bitcoin adoption by offering collaborative custody options. He beforehand served as head analyst at Blockware Options, serving to launch one of many largest Bitcoin mining platforms in america. 

“We’re witnessing the worldwide monetization of Bitcoin as a superior type of cash,” mentioned Burnett. “The pattern to undertake Bitcoin as a part of company treasury is clearly accelerating. Semler Scientific, because the 2nd U.S. public firm to undertake the Bitcoin Customary, has been on the forefront of this motion.” 

Semler’s Bitcoin technique entails utilizing proceeds from fairness and debt financings plus operational money flows. Since launching its market providing program in April 2025, the corporate has raised roughly $136.2 million via inventory gross sales. 

The corporate has acquired 4,449 Bitcoin for $410.0 million at a median value of $92,158 per Bitcoin. “We proceed to accretively develop our Bitcoin arsenal utilizing working money move and proceeds from debt and fairness financings,” Semler said. 





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