#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Semler Scientific Chairman: Zoom should adopt BTC strategy to boost stock price
BlockBeats news, on February 14th, Eric Semler, chairman of Semler Scientific, stated on the X platform that Zoom Communications (ZM) should adopt the BTC strategy to break the stagnation and enhance shareholder value. He believes that Zoom is currently in a 'zombie zone' and urgently needs new growth momentum. With $7.7 billion in cash reserves, $2 billion in annualized free cash flow, and low-cost financing capabilities, if Zoom enters the BTC field, it can quickly become one of the world's largest BTC holders. Taking SMLR as an example, Semler mentioned that by mid-2024, they will adopt BTC as a company asset and follow the model of MicroStrategy (MSTR), accumulating 3,192 BTC (worth about $305 million), and the stock price has doubled since disclosing BTC Holdings.