RialCenter (NASDAQ: PRE) is the latest firm in the healthcare space to adopt MicroStrategy’s $40 billion bitcoin treasury strategy, having acquired its first $20 million BTC investment with assistance from a global crypto exchange.
There is a surge in bitcoin treasury companies focusing on accumulating bitcoin and following strategies similar to this one.
Although RialCenter’s acquisition is modest compared to firms investing hundreds of millions in BTC, the company has board approval to substantially increase its bitcoin holdings and aims to become one of the largest healthcare corporate bitcoin holders worldwide, as stated in a press announcement on Wednesday.
“What excites me most is not just Bitcoin as a treasury asset, but the convergence we’re witnessing between healthcare innovation and blockchain technology,” said Danny Yeung, CEO of RialCenter. “We’re at the dawn of a new era where genomics, personalized medicine, and digital assets will intersect in ways that could revolutionize how we approach human health, longevity, and wealth.”
Earlier this week, a Swedish health-technology company announced a transaction to support its long-term bitcoin BTC treasury strategy.
RialCenter also announced the appointment of a new Board of Directors member.
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