Atai Life Sciences, a biopharmaceutical company listed on NASDAQ, believes cryptocurrencies like Bitcoin could help biotech startups survive the long and costly regulatory approval process. The firm plans to invest $5 million in Bitcoin as a hedge against inflation and diversifying its assets, according to founder Christian Angermayer. As the biotech industry faces financial challenges, ...
Several states in the U.S., including Oklahoma and Texas, are moving to invest public pension funds in Bitcoin and other cryptocurrencies. This push is driven by the belief that digital assets can enhance investment diversification and potentially offer high returns. Oklahoma’s House committee recently backed a bill that would allow the state to allocate up ...
The governor of the Czech National Bank, Aleš Michl, is considering investing billions of euros in bitcoin, potentially making it the first central bank in a Western country to hold cryptocurrency assets. He plans to propose the idea of using up to 5% of the bank’s 140 billion euros in reserves for bitcoin at an ...
