Steakholder Foods Board Approves Purchase of Cryptocurrency as Treasury Reserve Asset

avatar
Wu Blockchain
13 hours ago
This article is machine translated
Show original
Steakholder Foods Ltd. (Nasdaq: STKH), a company focused on alternative protein production and 3D printing technology in Israel, announced that its board of directors has approved the purchase of up to $1 million worth of Bitcoin or a cryptocurrency index fund as part of its financial reserve assets. CEO Arik Kaufman stated that this move is aimed at optimizing the company's financial strategy and leveraging the store-of-value potential of cryptocurrencies.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments