NASDAQ biotech company $150 million Bitcoin investment DatavaultAI

2025-09-29 01:00:20

[Coin World] Nasdaq-listed Scilex Holding Company has completed a $150 million Bitcoin investment, acquiring 15 million shares at a price of $0.5378 per share. If approved by shareholders, its shareholding is expected to reach 278.9 million shares. This marks a strategic shift for the biotech company towards digital assets and is the first time a Nasdaq-listed biotech company has utilized Bitcoin, indicating its confidence in healthcare data solutions.

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