According to Foresight News, reported by Globenewswire, the publicly traded biopharmaceutical company Quantum BioPharma Ltd. announced that, after obtaining board approval, the company has additionally purchased $1 million worth of Bitcoin and other cryptocurrencies as part of its strategic initiatives. This brings the total amount of Bitcoin and other cryptocurrencies purchased by the company to $4.5 million. The company is now prepared to accept financing in cryptocurrencies and to execute other types of cryptocurrency transactions. The company will continue to monitor market conditions and may increase or decrease the amount of Bitcoin or other cryptocurrencies it holds as it deems appropriate.

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