埃里克·塞勒勒（Eric Semler）說，Zoom應該採用比特幣國庫策略

儘管擁有77億美元現金，但Zoom Video Communications的股票仍在努力增長。 Semler Scientific主席Eric Semler在X上的帖子中敦促這家流行的傳播公司採用比特幣國庫策略。

Despite having $7.7 billion in cash, Zoom Video Communications' stock has struggled to grow. In a post on X, Semler Scientific Chair Eric Semler has urged the popular communication firm to adopt a Bitcoin treasury strategy.

儘管有77億美元的現金，但Zoom Video Communications的股票仍在努力發展。在X上的一篇文章中，Semler科學主席Eric Semler敦促這家流行的傳播公司採用比特幣國庫策略。

Semler believes this could help Zoom grow, attract investors, and increase its stock value. Despite being a medical technology company, Semler Scientific has followed a similar strategy and has doubled its stock price over the past year.

Semler認為這可以幫助縮小，吸引投資者並提高其股票價值。儘管是一家醫療技術公司，但Semler Scientific遵循了類似的策略，並且在過去一年中股價翻了一番。

The Zoom Struggle in the Stock Market

股市的變焦鬥爭

During the COVID-19 pandemic in 2020, Zoom's stock price increased significantly. However, the company is now growing more slowly and facing increased competition. In his post, Semler referred to Zoom as a “Zombie Zone” stock, indicating that its shares have experienced minimal growth.

在2020年的Covid-19大流行期間，Zoom的股票價格顯著上漲。但是，該公司現在的增長越來越緩慢，面臨著競爭的增加。 Semler在他的帖子中將Zoom稱為“殭屍區”股票，表明其股票的增長最低。

This is because Zoom's stock has declined significantly in recent years. Over the past three years, Zoom shares have fallen by roughly 40%, lagging the S&P 500 by about 73%. Over a five-year period, Zoom has lagged the S&P by approximately 84%.

這是因為Zoom的股票近年來已大幅下降。在過去的三年中，Zoom股票下跌了大約40％，將標準普爾500指數落後約73％。在五年內，Zoom將標準普爾滯後約84％。

Despite this, the company is still profitable, with a strong 40% EBITDA margin and $458 million in cash generated last quarter. However, Zoom's valuation is still low, with a forward earnings multiple of 15x and a forward EBITDA multiple of 9x.

儘管如此，該公司仍然有利可圖，上一季度產生了40％的EBITDA利潤率和4.58億美元的現金。但是，Zoom的估值仍然很低，遠期收入的倍數為15倍，而前鋒EBITDA的倍數為9倍。

Investors are concerned about Zoom's slow revenue growth and lack of a clear plan. Many shareholders are hoping for a clear strategy, but Zoom has not yet provided one. Semler argues that with nearly one-third of Zoom's $25 billion market cap held in cash, the company needs to make a bold move to regain momentum.

投資者擔心Zoom的收入緩慢增長和缺乏明確的計劃。許多股東希望制定明確的戰略，但Zoom尚未提供。 Semler認為，在Zoom擁有現金250億美元的市值中，將近三分之一，該公司需要大膽地採取行動才能恢復勢頭。

Bitcoin Could Change Everything for Zoom

比特幣可以更改縮放的一切

According to Semler, buying Bitcoin could be the key to Zoom's success. As reported by Coinspeaker, Semler Scientific recently purchased 871 Bitcoin units for $88.5 million, bringing its total holdings to 3,192 BTC. This investment has helped push its stock value up.

據Semler稱，購買比特幣可能是Zoom成功的關鍵。據Coinspeaker報導，Semler Scientific最近以8850萬美元的價格購買了871個比特幣單位，其總持股量達到3,192 BTC。這項投資有助於提高其股票價值。

With an annual cash flow of $2 billion and access to cheap loans, Semler believes Zoom could become one of the largest companies holding Bitcoin as it has the resources to make this happen.

Semler認為，隨著年現金流量為20億美元，並獲得廉價貸款，Zoom可能會成為擁有比特幣的最大公司之一，因為它具有實現這一目標的資源。

Eric Semler also pointed out that Zoom's founder and CEO, Eric Yuan, has the final say. Since he owns special voting shares, he can make this decision independently. However, Yuan has not publicly shared any opinions on Bitcoin.

埃里克·塞姆勒（Eric Semler）還指出，Zoom的創始人兼首席執行官Eric Yuan擁有最終決定權。由於他擁有特別投票股，因此他可以獨立做出這一決定。但是，元沒有公開分享對比特幣的任何意見。

This has raised questions about whether he would consider such a shift. Semler's advice for Zoom to adopt a Bitcoin strategy reflects a growing trend in the tech and finance industries.

這引發了關於他是否會考慮這種轉變的問題。 Semler對Zoom採用比特幣戰略的建議反映了技術和金融行業的增長趨勢。

Companies like Strategy (formerly MicroStrategy) and Tesla have invested in Bitcoin. These firms see the asset as a way to protect against inflation and boost their financial growth.

諸如戰略（以前是Microstrategy）和特斯拉（Tesla）等公司已經投資了比特幣。這些公司將資產視為保護通貨膨脹並提高財務增長的一種方式。

Recently, Coinspeaker highlighted that Strategy's MSTR stock outperformed the broader market. The Virginia-based company achieved a 4.1% Bitcoin yield year-to-date in 2025 after a recent bet on BTC.

最近，Coinspeaker強調了該策略的MST股票表現優於更廣泛的市場。這家總部位於弗吉尼亞州的公司在最近押注BTC之後，在2025年獲得了4.1％的比特幣收益率。

A blockchain enthusiast and journalist, Benjamin Godfrey enjoys writing about the practical applications of blockchain technology and innovations in driving mass acceptance and global integration of the emerging technology. His passion for educating people about cryptocurrencies contributes to his work with leading blockchain media and platforms.

本傑明·戈弗雷（Benjamin Godfrey）是一個區塊鏈的愛好者和記者，喜歡撰寫有關區塊鏈技術和創新在推動大規模接受和全球融合新興技術方面的實際應用。他對教育人們有關加密貨幣的熱情有助於他在領先的區塊鏈媒體和平台上的工作。

Godfrey Benjamin on X

X godfrey Benjamin x

Marco T. Lanz on X

X上的Marco T. Lanz