Zoom (ZM) communications that are quoted in Nasdaq, a high market of the stock market during the rise of the pandemic that face more difficult times since it should adopt a Bitcoin (BTC) strategy to shake the performance of stock performance Slow and provide value to shareholders, said Eric Semler, president, president. of the Semler Scientific Medical Technology firm (SMLR).
“Once a beloved pandemic, Zoom is now trapped in a highly competitive market and slow growth,” Semler said in an X post on Thursday. “By taking advantage of its cash battery of $ 7.7 billion, $ 2 billion in annualized free cash and access ready to low -cost debt, Zoom could quickly become one of Bitcoin’s largest corporate holders.”
Zoom actions have dropped around 85% of its 2020 peak, even when Nasdaq and S&P 500 have continued to push new records.
Semler’s comments came from the experience when his company adopted a BTC Treasury strategy last year after studying the example of Michael Saylor’s strategy (MSTR), previously known as Microstrategy, on how company. Since then, Semler has converted most of its cash shares to Bitcoin and took advantage of capital markets to obtain more funds to acquire tokens. From the most recent update, 3,192 BTC accumulated worth $ 305 million at current prices.
Even when SMLR actions have had problems in recent weeks along with the low performance of Bitcoin prices, the action has still doubled since the company revealed its first tokens purchases in mid -2024.
Zoom Communications, said Semler, is the company of “Zombie Zone” number one, and promises more selections of this type in the future.
Read more: Semler Scientific studied Microstrategy’s success before adopting Bitcoins strategy
