Semler Scientific’s Bitcoin Treasury Strategy to Reach 105,000 BTC
Semler Scientific, a U.S. medical device firm and the second publicly traded company to adopt a Bitcoin treasury strategy, plans to accumulate up to 105,000 BTC by mid-2027. Having held 4,449 BTC since May 2024, the company targets 10,000 BTC by year-end and will execute phased dollar-cost-averaging buys over 24–30 months to hedge inflation and diversify its balance sheet. Semler has engaged Galaxy Digital as its crypto partner and will report quarterly Bitcoin holdings. The move underscores growing institutional adoption of Bitcoin—AIMA and PwC data show 47% of hedge funds now hold crypto, up from 29% in 2023—and reflects a contrarian bet that could pay off if mainstream skepticism wanes.
Bullish
Semler Scientific’s large-scale Bitcoin accumulation and quarterly transparency reinforce institutional demand, likely boosting market confidence and liquidity. In the short term, phased dollar-cost averaging may moderate volatility, while clear commitment from a public company can attract further corporate and hedge fund participation. Over the long term, this contrarian treasury strategy underscores Bitcoin’s inflation-hedge appeal, supporting sustained price appreciation as adoption broadens.