Biotech Giant Atai Life Sciences Moves Millions into Bitcoin as Inflation Hedge

TL;DR Atai Life Sciences, a Germany-based biotech company listed on Nasdaq, will invest $5 million in Bitcoin as part of a new treasury diversification strategy amid global financial uncertainty. This move aims to hedge against inflation and optimize capital allocation, in response to rising interest rates and a volatile funding environment that is putting pressure ... source: https://crypto-economy.com/biotech-giant-atai-life-sciences-moves-millions-into-bitcoin-as-inflation-hedge/