PANews reported on February 14 that Eric Semler, chairman of Semler Scientific, said that Zoom Communications ($ZM) should consider using Bitcoin as a treasury asset to boost its weak performance and shareholder returns. Semler pointed out that Zoom's stock price has fallen by about 40% in the past three years, and has underperformed the S&P 500 by 84% in the past five years, and its current valuation is only 15 times the forward price-to-earnings ratio and 9 times the EV/EBITDA.

Although Zoom has $7.7 billion in cash reserves (about one-third of its market value) and maintains a 40% EBITDA margin, its revenue growth is sluggish and future guidance shows only low single-digit growth. Semler suggested that Zoom use its cash reserves and stable $2 billion in annualized free cash flow to become a corporate-level Bitcoin holder to achieve long-term value growth, and called on CEO Eric Yuan to use his super voting rights to promote Bitcoin strategy.