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Goodfood Market Corp ( (TSE:FOOD) ) has shared an announcement.
Goodfood Market Corp has announced a strategic Bitcoin investment as part of its treasury management approach. This move is aimed at strengthening its balance sheet and creating long-term shareholder value by leveraging Bitcoin’s potential as a store of value and hedge against inflation, amidst economic volatility and the depreciating Canadian dollar.
More about Goodfood Market Corp
Goodfood Market Corp is a leading online meal solutions provider in Canada, focusing on digital innovation and enhancing shareholder value.
YTD Price Performance: 19.74%
Average Trading Volume: 112,414
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$33.26M
See more insights into FOOD stock on TipRanks’ Stock Analysis page.