{
Quantum BioPharma Ltd.

Companies

}
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001122334455554433221100

kulr technology invests 21 million in bitcoin boosting stock by 30 percent

KULR Technology Group has made a significant entry into the Bitcoin market with a $21 million purchase of 217.18 BTC, averaging $96,556 per Bitcoin, as part of its new treasury strategy. Following this announcement, the company's stock surged by 30%, reaching $4.55. This move aligns KULR with a growing trend of companies integrating Bitcoin into their balance sheets, similar to strategies employed by firms like MicroStrategy.
Crypto Briefing
Semler Scientific, Inc. Marathon Digital Holdings Inc Matador Technologies Inc. Quantum BioPharma Ltd. KULR Technology Group, Inc. USA Show more
Finance & Economy, Market Report
19:28 26.12.2024

KULR Technology launches Bitcoin treasury with 21 million dollar investment

KULR Technology Group has launched its Bitcoin treasury with a $21 million purchase of 217.18 BTC at an average price of $96,556.53 per coin. Inspired by MicroStrategy's approach, KULR plans to allocate up to 90% of its surplus cash into Bitcoin, with positive shareholder support for this strategy. Other companies, including Matador Technologies and Quantum BioPharma, have also recently added Bitcoin to their balance sheets as part of long-term capital preservation strategies.
Cointelegraph
United States Dollar Quantum BioPharma Ltd. KULR Technology Group, Inc. MicroStrategy Inc Matador Technologies Inc. Coinbase Global, Inc. Metaplanet Inc. R CAN JPN USA Michael J. Saylor Michael Mo Show more
Finance & Economy, News Article
17:23 26.12.2024

Canadian firm matador adds bitcoin to treasury for capital preservation strategy

Matador Technologies, a Canadian firm focused on real-world asset tokenization, has added Bitcoin to its treasury as part of a long-term capital preservation strategy. The company plans to invest $4.5 million in Bitcoin and convert most of its cash from Canadian to US dollars, citing concerns over the devaluation of Canadian assets. This move supports the development of a digital gold platform that will allow users to buy, trade, and store tokenized gold backed by physical reserves.
Cointelegraph
United States Dollar Canadian Dollar Quantum BioPharma Ltd. Matador Technologies Inc. JIVA Technologies Inc. RumbleOn, Inc. CAN Sunny Ray Show more
Finance & Economy, News Article
04:05 25.12.2024

quantum biopharma invests one million in bitcoin for treasury diversification

Quantum BioPharma has invested $1 million in Bitcoin and other cryptocurrencies to diversify its treasury, joining a trend among companies seeking inflation hedges. Following the announcement, its Nasdaq shares fell nearly 10%. The firm is now positioned to conduct transactions in cryptocurrencies, reflecting a broader corporate shift towards digital assets.
Cointelegraph
JIVA Technologies Inc. Microsoft Corporation MicroStrategy Inc RumbleOn, Inc. Hoth Therapeutics, Inc. Quantum BioPharma Ltd. Amazon.com, Inc. USA DEU Show more
Healthcare, News Article
18:36 20.12.2024
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