While Bitcoin is establishing its presence in the financial world some business magnates are calling on listed companies to reconsider their reserves.
Eric Semler, chairman of Semler Scientific, has made a bold prediction: soon it’s going to be “irresponsible” for any public company not to incorporate it into their fiscal reports.
Rising Adoption in Corporate Strategies
Semler Scientific began its Bitcoin journey in May, acquiring 581 BTC for $40 million. The company has since expanded its holdings, recently adding 211 BTC worth $21.5 million.
Today, Semler Scientific holds over 2,000 BTC, signaling strong confidence in the asset’s long-term value.
The trend isn’t limited to Semler Scientific. This move aligns the company with a growing list of publicly traded firms integrating Bitcoin into their financial strategies.
Semler’s position is similar to Michael Saylor, the executive chairman of MicroStrategy, the largest corporate holder with 444,262 BTC.
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MicroStrategy has boldly acquired Bitcoin, and its decision has been vindicated by mounting share value which resulted in the inclusion of the business intelligence company in the Nasdaq 100 Index.
Bitcoin aims to sourcing $42 billion within the next three years to increase its Bitcoin stash. Saylor has been a vocal advocate of using it and based on his predictions, the BTC price will surge to $13 million per coin by 2045.
The list of top Bitcoin-holding corporations, shared by Saylor on X, shows that U.S.-based firms dominate the space. Marathon Digital holds 44,394 BTC, while Riot Platforms owns 17,429 BTC.
Tesla, despite CEO Elon Musk’s mixed comments on Bitcoin, retains 9,720 BTC. Across the globe, firms such as Germany’s Bitcoin Group SE (3,114 BTC) and Japan’s Metaplanet (1,761 BTC) and even Hong Kong’s Boyaa (3,183 BTC) have shown interest and acceptance of Bitcoin.
Why Bitcoin Is Becoming a Strategic Asset
Governments are also joining the Bitcoin movement. El Salvador, the first nation to adopt Bitcoin as legal tender, has amassed reserves worth $600 million.
Bhutan reportedly holds $1.13 billion in BTC, according to Arkham Intelligence. The U.S. government is even considering a strategic Bitcoin reserve to bolster economic resilience.
Semler attributes the slow adoption among public companies to risk aversion. “Many instinctually see new and unfamiliar things as risky,” he explained.
However, Semler argues that Bitcoin’s characteristics—scarcity, decentralization, and increasing adoption—make it a safer and more strategic choice compared to traditional assets like the U.S. dollar or gold.
In his statement, Semler likened it to a “major asset class” with a market value exceeding $1 trillion. He highlighted its potential to outperform gold, a sentiment echoed by many in the cryptocurrency space.
Semler emphasized that the trend will accelerate as more companies recognize the potential of the digital asset. He declared,
“In the near future, not owning Bitcoin will be viewed as irresponsible for public companies.”
Semler asserted that to not hold BTC will soon be considered irresponsible, which shows that the narrative around the asset has changed.
Bitcoin is already becoming more and more widely accepted as a reserve asset due to the ability to act as an inflation hedge and store of value during unfavorable economic conditions.
