Medical Data Company OneMedNet has joined the growing trend of companies investing in Bitcoin as part of their treasury strategy. The company recently raised $4.6 million in a private placement, with a portion of the proceeds used to purchase $1.8 million worth of Bitcoin. Among the investors in the private placement was Off The Chain Capital, a prominent crypto investment fund.
This move highlights the increasing interest in using Bitcoin as a store of value and a hedge against inflation. By diversifying their treasury holdings with Bitcoin, OneMedNet is aligning itself with other forward-thinking companies that see the potential of cryptocurrency as an asset class.
What do you think of OneMedNet’s decision to add Bitcoin to its treasury strategy? Are more companies likely to follow suit in the future? Share your thoughts in the comments below!