Acurx Pharmaceuticals approves up to $1 million in Bitcoin purchases for its treasury.
Acurx Pharmaceuticals, a biopharmaceutical company, has approved purchasing up to $1 million in Bitcoin as a treasury reserve asset. CEO David P. Luci highlighted Bitcoin’s limited supply and resistance to inflation as key factors. This financial move does not affect the company’s ongoing antibiotic development efforts aimed at treating difficult bacterial infections.
November 20, 2024
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