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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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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.