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

Semler Scientific, a healthcare technology company, made headlines as the second publicly traded U.S. company to make Bitcoin its primary treasury reserve asset. The company recently appointed Joe Burnett as the Director of Bitcoin Strategy and unveiled an ambitious Bitcoin accumulation plan. Semler aims to hold 10,000 Bitcoin by the end of 2025, 42,000 by 2026, and an impressive 105,000 by 2027.

The news was shared by Eric Semler, the chairman of Semler Scientific, via a tweet on June 19, 2025. The company’s commitment to expanding its Bitcoin holdings was evident as they acquired 185 Bitcoin between May 23 and June 3 for $20 million, bringing their total holdings to 4,449 BTC valued at approximately $446.2 million.

Eric Semler expressed his excitement about having Joe Burnett on board, highlighting his expertise in Bitcoin and Bitcoin treasury companies. Semler emphasized the importance of Joe’s role in driving the company’s three-year plan to reach the significant milestone of owning 105,000 Bitcoins by the end of 2027.

Since embracing the Bitcoin Standard in May 2024, Semler has seen substantial growth in their Bitcoin holdings, achieving a remarkable 287% BTC Yield and a $177 million BTC $ Gain through June 3, 2025. The company’s year-to-date BTC Yield stands at 26.7%.

Joe Burnett brings a wealth of experience to Semler, having previously worked at Unchained and Blockware Solutions, where he played pivotal roles in advancing institutional Bitcoin adoption and launching major Bitcoin mining platforms in the U.S. Burnett expressed his belief in the global monetization of Bitcoin as a superior form of money and commended Semler for being at the forefront of the movement to adopt Bitcoin in corporate treasuries.

Semler’s Bitcoin strategy involves utilizing funds from equity and debt financings, as well as operational cash flows. The company has raised approximately $136.2 million through stock sales since launching its market offering program in April 2025. With an average acquisition price of $92,158 per Bitcoin, Semler has acquired 4,449 Bitcoin for $410.0 million, continuously growing their Bitcoin arsenal through strategic financial decisions.

Semler Scientific’s bold move to adopt Bitcoin as its primary treasury reserve asset showcases their commitment to embracing innovative financial strategies and positioning themselves at the forefront of the evolving digital currency landscape. With Joe Burnett leading the Bitcoin strategy, Semler is set to continue its impressive growth in Bitcoin holdings and deliver long-term value to its stockholders.