Acurx Board of Directors Approves Bitcoin as Treasury Reserve Asset
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Acurx Pharmaceuticals' Board of Directors has approved the purchase of up to $1 million in Bitcoin as a treasury reserve asset. This move marks a strategic shift in the company's asset management approach.
November 20, 2024 | 12:15 pm
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Acurx Pharmaceuticals has decided to invest up to $1 million in Bitcoin as a treasury reserve asset. This decision could impact the company's financial strategy and investor perception.
The decision to invest in Bitcoin as a treasury reserve asset indicates a strategic shift in Acurx's asset management. This move could attract investors interested in cryptocurrency and potentially increase the stock's appeal, leading to a positive short-term impact on ACXP's stock price.
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