Windtree Therapeutics announces plan for cryptocurrency treasury policy

Windtree Therapeutics (WINT) announced that its board has agreed that the company will create a cryptocurrency policy that will allow the company to accept cryptocurrency as an option for payment and also allow the company to hold the cryptocurrency as an asset. The company’s cryptocurrency policy is intended to align with innovative digital commerce trends where millions of people hold cryptocurrency. If a payment is made to the company with cryptocurrency in its revenue generating business, it can be held long term as a potential strategic asset. “Windtree is executing our new corporate strategy to become a revenue generating company and we are in discussions with several groups that focus on Bitcoin and other cryptocurrencies as an option for payment. These companies are interested in furthering a treasury strategy in conjunction with Windtree and its current diversified operations base. Our Company can also hold the cryptocurrency as an asset,” said Jed Latkin, CEO of Windtree. “Our Board is supportive of this opportunity and our development of a cryptocurrency policy which we expect to be completed in the near term.”