{
Acurx Pharmaceuticals, Inc.

Companies

}
001122334455554433221100
001122334455554433221100
Symbol ACXP
Name Acurx Pharmaceuticals, Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country United States
State NY
City Staten Island
Zipcode 10305
Website http://www.acurxpharma.com
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craft distillery embraces bitcoin for payments and treasury amid financial challenges

Heritage Distilling, a Washington-based craft spirits producer, has become the first publicly traded spirits company to accept Bitcoin as payment and hold it as a treasury asset. This decision comes amid financial challenges, with a reported $3.43 million net loss in Q3 2024, raising questions about the company's ability to acquire Bitcoin without a profitability turnaround. The move aligns with a growing trend among US companies adopting Bitcoin as a corporate treasury asset, following the lead of MicroStrategy and others.
Cointelegraph
MicroStrategy Inc Acurx Pharmaceuticals, Inc. Cosmos Health Inc. MARATHON DIGITAL Worksport Ltd. Heritage Distilling Holding Company, Inc. Riot Platforms, Inc. USA Matt Swann Matthew Sigel Show more
Finance & Economy, Market Report
13:12 11.01.2025

billionaire warns against excessive bitcoin exposure for investors

Billionaire Thomas Peterffy, Chairman of Interactive Brokers, recommends a cautious approach to Bitcoin investment, suggesting a 2% to 3% allocation of net worth, while warning that exceeding 10% could be "too dangerous." He expressed concerns about the volatile nature of cryptocurrencies, emphasizing their lack of intrinsic value and the risks of excessive leverage leading to potential market crashes.Peterffy's views resonate with industry veterans like Bill Miller, who advocate for modest Bitcoin allocations. Meanwhile, businesses are increasingly incorporating Bitcoin into their treasury reserves, with firms like Rumble and various biotech companies allocating significant funds to the cryptocurrency as a hedge against inflation.
CryptoPotato
Acurx Pharmaceuticals, Inc. Amazon.com, Inc. RumbleOn, Inc. Enlivex Therapeutics Ltd. Jetking Infotrain Limited Paxos Trust Company LLC Interactive Brokers Group, Inc. Hoth Therapeutics, Inc. IND USA Thomas Peterffy Show more
Finance & Economy, Market Report
14:14 12.12.2024

Rumble plans to invest 20 million dollars in bitcoin for treasury strategy

Rumble, a conservative video platform, plans to invest up to $20 million in bitcoin as part of a new treasury strategy, citing the cryptocurrency's potential as an inflation hedge. CEO Chris Pavlovski emphasized the importance of bitcoin in a world of government currency dilution. This move aligns Rumble with other companies like MicroStrategy and Tesla, as interest in bitcoin grows amid expectations of a pro-crypto stance from the incoming Trump administration.
CNBC
United States Dollar Block, Inc. Semler Scientific, Inc. MicroStrategy Incorporated RumbleOn, Inc. Microsoft Corporation Tesla, Inc. Acurx Pharmaceuticals, Inc. USA Chris Pavlovski Donald Trump Howard Lutnick Michael J. Saylor Cynthia Lummis Show more
Finance & Economy, Market Report
01:23 26.11.2024

Acurx Pharmaceuticals plans to invest one million dollars in bitcoin reserves

Acurx Pharmaceuticals' board has approved the purchase of up to $1 million in bitcoin as a treasury reserve asset, following MicroStrategy's strategy. CEO David P. Luci emphasized bitcoin's limited supply and inflation-resistant qualities, asserting it will not affect the company's drug development plans. This move reflects a growing trend among corporations to adopt bitcoin, with the cryptocurrency trading at all-time highs and expected to gain further traction in the coming years.
CNBC
United States Dollar Acurx Pharmaceuticals, Inc. Semler Scientific, Inc. Tesla, Inc. MicroStrategy Incorporated Block, Inc. Microsoft Corporation USA Cynthia Lummis David P Luci Michael J. Saylor Donald Trump Show more
Finance & Economy, Market Report
16:52 20.11.2024
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