According to Golden Finance, the listed company Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) announced that it has purchased $1 million worth of Bitcoin and other cryptocurrencies as part of its strategic efforts, with the approval of the board of directors. In addition, the company will allow future financing and other transactions in cryptocurrencies in the future. The company will hold all its cryptocurrencies in a fully compliant custodian. The company emphasized that all transactions will be in full compliance with all relevant financial and auditing regulations to ensure that the process is safe and legal. The company will continue to monitor market conditions and may increase or decrease its holdings of Bitcoin or other cryptocurrencies as it deems appropriate.