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The latest announcement is out from Quantum Biopharma ( (TSE:QNTM) ).
On June 10, 2025, Quantum BioPharma announced the purchase of additional Bitcoin and cryptocurrencies, bringing its total investment in digital assets to $5 million. This strategic move reflects the company’s confidence in cryptocurrencies as a potential return on investment and a hedge against the dollar. The company is set up to conduct financing and transactions in cryptocurrencies, ensuring compliance with financial regulations. This decision could impact the company’s operations by diversifying its investment portfolio and potentially enhancing shareholder value.
More about Quantum Biopharma
Quantum BioPharma Ltd. is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, as well as alcohol misuse disorders. The company is engaged in research and development through its subsidiary, Lucid Psycheceuticals Inc., with a lead compound, Lucid-MS, aimed at addressing multiple sclerosis. Quantum BioPharma also has strategic investments and retains a stake in Celly Nutrition Corp., which markets the OTC product unbuzzd™.
Average Trading Volume: 8,493
Technical Sentiment Signal: Sell
Current Market Cap: C$59.6M
See more data about QNTM stock on TipRanks’ Stock Analysis page.