According to Wu, OneMedNet (ONMD) raised $4.6 million through a third-party private placement at the end of last month, of which $1.8 million was used to purchase BTC. Investors include Off The Chain Capital, a cryptocurrency investment fund with ties to Bloq Chairman Matthew Roszak and Fortress founder Rob Kauffman. It is worth noting that OneMedNet's stock price has fallen by more than 90% since it went public through a SPAC transaction at the end of last year.
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OneMedNet raises $4.6 million in private placement, of which $1.8 million is used to purchase BTC
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