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ChainCatcher News: Eric Semler, Chairman of Semler Scientific, stated that ZoomCommunications ($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 even underperformed the S&P 500 index by 84% in the past five years. Its current valuation is only 15 times forward P/E ratio and 9 times EV/EBITDA. Although Zoom has a cash reserve of $7.7 billion (approximately one-third of its market value) and maintains a 40% EBITDA profit margin, revenue growth is sluggish and future guidance shows only low single digit growth. Semler suggests that Zoom leverage its cash reserves and stable $2 billion annualized free cash flow to become an enterprise level holder of Bitcoin, in order to achieve long-term value growth, and calls on CEO Eric Yuan to use his super voting power to drive Bitcoin strategy. @dfewf @feitian
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