Zoom Communications (ZM), listed at NASDAQ (ZM), a high stock market thief during the Pandemic boom who has been confronted at more difficult times since, should adopt a Bitcoin (BTC) strategy to shake the performance of Slow stocks and providing shareholders, said Eric Semler, president of the medical technology company Semler Scientific (SMLR).
“Once pandemic, Zoom is now stuck on a highly competitive and slow growth market,” said sowing in an X post on Thursday. “By taking advantage of its cash battery of $ 7.7 billion, $ 2 billion in free annualized cash flow and access to low -cost debt, Zoom could quickly become one of the most Large holders of Bitcoin companies “.
Zoom shares are down approximately 85% compared to their 2020 peak, while the NASDAQ and the S&P 500 continued to go to new records.
Semler’s comments came from the experience while his company adopted a BTC cash strategy last year after studying the example of Michael Saylor’s strategy (MSTR), formerly known as Microstrategy , on how to provide value to the shareholders of the company. Semler has since converted most of its cash assets into Bitcoin and has exploited capital markets for more funds with which tokens. Since the most recent update, it has accumulated 3,192 BTC worth $ 305 million at current prices.
Even if the SMLR actions have had trouble in recent weeks as well as the poor Bitcoin prices performance, the action has even more than doubled since the company revealed its first token purchases in mid-2024.
Zoom Communications, said Semler, is the number one “Zombie Zone” company, and it promises more choices in the future.
Read more: Semler Scientific studied the success of microstrategy before adopting the Bitcoin strategy
