According to PANews, Quantum BioPharma Ltd., a publicly traded biopharmaceutical company, has announced an additional purchase of $1 million in Bitcoin and other cryptocurrencies following approval from its board of directors. This strategic move brings the company's total cryptocurrency investments to $4.5 million. Quantum BioPharma is now equipped to accept financing in cryptocurrencies and engage in various cryptocurrency transactions. The company plans to continue monitoring market conditions and may adjust its cryptocurrency holdings as deemed appropriate.

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