Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Quantum BioPharma has diversified its treasury by purchasing $1 million worth of Bitcoin and other cryptocurrencies. This strategic move aims to facilitate future financings and transactions in cryptocurrency. The announcement coincided with a 20% decline in Quantum BioPharma's stock price. Additionally, the company recently closed its second tranche, further emphasizing its ongoing financial activities. In a related note, the company had previously closed a $10 million offering at C$2.98 per share, managed by Alliance Global Investors, which also raised $100 million for another entity, RGTI, at $2 per share in late November.
Quantum BioPharma (that's a real name) in Canada is playing right by its name and loading its treasury with BTC and other cryptos. This is not a meme-coin, real company. I'm hoping they change their name to "Quantum BioPharma Crypto AI NFT" and seal the deal
Quantum Biopharma Announces Closing of Second Tranche $QNTM https://t.co/D4MUvlb7sm
Another firm has joined the ranks of MicroStrategy Today, biopharmaceutical company Quantum BioPharma announced the purchase of $1m worth of bitcoin The announcement came alongside a 20% drop in the firm's stock price 🤔🤔🤔