Quantum Biopharma announces purchase of $1M of bitcoin and other cryptocurrencies

seekingalpha
20 Dec 2024
  • Quantum BioPharma (NASDAQ:QNTM) has purchased $1M bitcoin and other cryptocurrencies as part of its strategic efforts.
  • Going forward, the company will allow for future financing and other transactions to be carried out in cryptocurrency.
  • The company is now set up to receive financing in cryptocurrencies as well as executing other types of transactions in cryptocurrencies.
  • The company is holding all its cryptocurrency with a fully compliant custodian. 
  • QNTM shares were down over 17% on Friday.
  • Source: Press Release

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