Semler Scientific, the second US Publicly Trade Company that Bitcoin has taken over as its primary Treasury Reserve Asset, has appointed Joe Burnett as director of Bitcoin Strategy and has announced a Bitcoin accumulation plan. The Healthcare Technology Company company focuses on 10,000 Bitcoin towards the end of the year 2025, 42,000 by 2026 and 105,000 by 2027.
The announcement Comes while Semler continues to expand his Bitcoin Holdings. The company recently took over Bitcoin for $ 20 million between 23 May and 3 June 185, making the total number of stakeholders up to 4,449 BTC worth around $ 446.2 million at current prices.
“We are pleased to allow Joe to join our Bitcoin strategy team and to help our three annual plan to possess 105,000 bitcoins,” said Eric Semler, chairman of Semler Scientific. “Joe is an analytical thought leader in the field of bitcoin and bitcoin-treasury companies. His expertise will play an important role if we pursue our Bitcoin Treasury strategy and we want to deliver value to our shareholders in the long term.”
Since the adoption of his Bitcoin standard in May 2024, Semler has “achieved around 287% BTC yield and a $ 177 million BTC $ profit until 3 June 2025”, Semler noted. The company is currently reporting BTC yield of 26.7%for a year to date.
As a former director of market research at Unchained, Burnett contributed to helping institutional Bitcoin acceptance by offering solutions for joint detention. He previously served as the main analyst at Blockware Solutions and helped launch one of the largest Bitcoin mining platforms in the United States.
“We witness the global income of Bitcoin as a superior form of money,” said Burnett. “The trend to hire Bitcoin as part of the company treasures is clearly accelerating. Semler Scientific, as the 2nd American Public Company to adopt the Bitcoin standard, is paramount in this movement.”
The Bitcoin strategy of Semler includes the use of revenue of stock and debt financing plus operational cash flows. Since the launch of the market range program in April 2025, the company has raised around $ 136.2 million through stock sales.
The company has taken over 4,449 Bitcoin for $ 410.0 million for an average price of $ 92,158 per bitcoin. “We continue to grow our Bitcoin arsenal accretief with the help of operational cash flow and yield of debt and share financing,” Semler explained.