Episode Details

Bitcoin is coming for your corporate balance sheet.

In this episode, Semler Scientific Chairman Eric Semler breaks down why public companies are adding Bitcoin to their balance sheets—and how it could completely reshape corporate finance over the next decade.

He explains:

▫️The origin of Bitcoin treasury companies and what most people misunderstand

▫️How to convince the board, management, and shareholders to buy Bitcoin

▫️Why Semler Scientific believes Bitcoin maximizes shareholder value

▫️The overlooked advantage of having a separate CEO and Chairman

▫️Why using preferred stock and fixed income products to buy Bitcoin could supercharge returns

▫️Advice for companies looking to build long-term value through a Bitcoin strategy

*This video was recorded April 29, 2025.

This episode is for educational purposes only and not financial advice. Always do your own research or speak to a licensed financial advisor.

Timestamps:

00:00 Intro

01:19 Origin of Bitcoin treasury companies

02:56 Business Competition vs. Coopetition

05:35 Convincing the board, shareholders, and management to buy Bitcoin

08:01 Past technologies similar to Bitcoin

10:11 How investing shaped Eric’s business strategy

16:51 First Principles: Semler’s Bitcoin playbook

20:42 Long-term investing mindset

21:10 Using preferred stock/fixed income to buy Bitcoin

22:16 First Principles: Building a meaningful career

24:48 Advantages of having a Bitcoin-focused chairman and separate CEO

26:41 What banks and Bitcoin integration could look like in 5–10 years

28:28 Using gold to value Bitcoin

30:39 Advice for companies adding Bitcoin to their balance sheet

33:34 Three zombie companies that should adopt Bitcoin: Zoom, Yelp, Viant

36:45 Would Semler Scientific acquire a high cash-flow business or another Bitcoin treasury company?

38:15 “Make every day a masterpiece” — tribute to Bill Walton

39:40 What Eric is currently reading and learning

40:48 Where to follow Eric

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