{"id":13273,"date":"2025-06-20T11:04:26","date_gmt":"2025-06-20T09:04:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=13273"},"modified":"2025-06-20T11:04:26","modified_gmt":"2025-06-20T09:04:26","slug":"semler-scientific-welcomes-joe-burnett-as-director-of-bitcoin-initiatives-aiming-for-105000-btc-by-2027","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/20\/semler-scientific-welcomes-joe-burnett-as-director-of-bitcoin-initiatives-aiming-for-105000-btc-by-2027\/","title":{"rendered":"Semler Scientific Welcomes Joe Burnett as Director of Bitcoin Initiatives, Aiming for 105,000 BTC by 2027"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<p>Semler Scientific, the second publicly listed U.S. firm to embrace <a href=\"https:\/\/bitcoinmagazine.com\/guides\/what-is-bitcoin\">Bitcoin<\/a> as its chief treasury reserve asset, has designated Joe Burnett as Director of Bitcoin Strategy while unveiling a Bitcoin accumulation initiative. The healthcare technology enterprise aims to possess 10,000 Bitcoin by the conclusion of 2025, 42,000 by 2026, and 105,000 by 2027.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SMLR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$SMLR<\/a> has appointed Joe Burnett <a href=\"https:\/\/twitter.com\/IIICapital?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@IIICapital<\/a> as Director of Bitcoin Strategy. A three-year plan has been announced to own 105,000 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoins<\/a> by the end of 2027. Thrilled to have Joe join us in this exhilarating new chapter in Semler&#8217;s <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BTC<\/a> mission. \ud83d\ude80<\/p>\n<p>\u2014 Eric Semler (@SemlerEric) <a href=\"https:\/\/twitter.com\/SemlerEric\/status\/1935806247422640581?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 19, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The <a href=\"https:\/\/www.prnewswire.com\/news-releases\/semler-scientific-appoints-joe-burnett-as-director-of-bitcoin-strategy--targets-owning-at-least-10-000-bitcoins-by-year-end-2025-and-105-000-by-year-end-2027--302486630.html\" target=\"_blank\" rel=\"noopener\">announcement<\/a> comes as Semler persists in increasing its Bitcoin portfolio. The organization recently secured 185 Bitcoin between May 23 and June 3 at a cost of $20 million, elevating total holdings to 4,449 BTC valued at roughly $446.2 million based on current market rates.<\/p>\n<p>\u201cWe are delighted to welcome Joe to our Bitcoin strategy team to advance our three-year plan to attain 105,000 Bitcoins,\u201d stated <a href=\"https:\/\/www.youtube.com\/watch?v=LsLKr_dWdpU\" target=\"_blank\" rel=\"noopener\">Eric Semler, chairman of Semler Scientific<\/a>. \u201cJoe is a insightful leader in Bitcoin and treasury management for Bitcoin companies. His knowledge will be critical as we implement our Bitcoin treasury approach and strive to provide enduring value for our shareholders.\u201d<\/p>\n<p>Since adopting its Bitcoin Standard in May 2024, Semler has reported achieving nearly 287% BTC Yield and a $177 million BTC Gain up until June 3, 2025. The corporation currently indicates a year-to-date BTC Yield of 26.7%.<\/p>\n<p>As the previous director of market research at Unchained, Burnett played a pivotal role in facilitating institutional Bitcoin acceptance by offering collaborative custody solutions. He also held the position of head analyst at Blockware Solutions, assisting in the launch of one of the largest Bitcoin mining operations in the United States.<\/p>\n<p>\u201cWe are observing the worldwide monetization of Bitcoin as a superior currency,\u201d Burnett remarked. \u201cThe trend of integrating Bitcoin into corporate treasury is evidently accelerating. Semler Scientific, being the second U.S. public entity to adopt the Bitcoin Standard, is leading the charge in this initiative.\u201d<\/p>\n<p>Semler\u2019s Bitcoin strategy revolves around utilizing proceeds from equity and debt financing alongside operational cash flows. Following the initiation of its market offering program in April 2025, the firm has generated approximately $136.2 million via stock transactions.<\/p>\n<p>The company has obtained 4,449 Bitcoin for $410.0 million at an average cost of $92,158 per Bitcoin. \u201cWe are continuously enhancing our Bitcoin inventory through operational cash flow and funds raised from debt and equity,\u201d <a href=\"https:\/\/bitcoinmagazine.com\/news\/semler-scientific-acquires-185-bitcoin-increasing-total-holdings-to-4449-btc\">Semler mentioned<\/a>.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/semler-scientific-appoints-joe-burnett-as-director-of-bitcoin-strategy-targets-105000-btc-by-2027\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Semler Scientific, the second publicly listed U.S. firm to embrace Bitcoin as its chief treasury reserve asset, has designated Joe Burnett as Director of Bitcoin Strategy while unveiling a Bitcoin accumulation initiative. The healthcare technology enterprise aims to possess 10,000 Bitcoin by the conclusion of 2025, 42,000 by 2026, and 105,000 by 2027. $SMLR<\/p>\n","protected":false},"author":3,"featured_media":13274,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2779,2781,2780],"class_list":["post-13273","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-semler-scientific-appoints-joe-burnett-as-director-of-bitcoin-strategy","tag-000-btc-by-2027-gpt","tag-targets-105"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Semler Scientific Welcomes Joe Burnett as Director of Bitcoin Initiatives, Aiming for 105,000 BTC by 2027 - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/20\/semler-scientific-welcomes-joe-burnett-as-director-of-bitcoin-initiatives-aiming-for-105000-btc-by-2027\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Semler Scientific Welcomes Joe Burnett as Director of Bitcoin Initiatives, Aiming for 105,000 BTC by 2027 - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Semler Scientific, the second publicly listed U.S. firm to embrace Bitcoin as its chief treasury reserve asset, has designated Joe Burnett as Director of Bitcoin Strategy while unveiling a Bitcoin accumulation initiative. 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