Nasdaq-listed Quantum BioPharma increases holdings of Bitcoin worth $1 million
Nasdaq-listed company Quantum BioPharma announced an increase in its holdings of $1 million worth of Bitcoin. In December last year, the company announced the launch of a Bitcoin strategy and purchased $1 million worth of Bitcoin. As of now, its total investment in Bitcoin has reached $2 million. Quantum BioPharma stated that its holdings of cryptocurrency will be held by a compliant custodian, and they will explore financing and other transactions based on cryptocurrency in the future.
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