Jiva Technologies, a healthcare company based in Canada, has just approved a plan to invest 1 million USD in Bitcoin, officially joining the ranks of businesses viewing this cryptocurrency as a strategic reserve asset.
Bitcoin - “Ideal Asset” for the Future
CEO of Jiva Technologies, Lorne Rapkin, states that Bitcoin is not only an investment vehicle but also a financial protection tool in the context of economic volatility. He emphasized:
• The scarcity and limited supply of Bitcoin make it a safe haven against inflation.
• The legal framework is becoming more open, paving the way for the widespread adoption of cryptocurrencies.
Mr. Rapkin also believes that Bitcoin is increasingly being recognized, with inflows into Bitcoin funds currently reaching 30 billion USD.
Notable Growth After Announcement
Immediately after the investment plan was announced, the stock price of Jiva Technologies surged by 36.4%, reaching 0.33 USD.
Jiva Technologies and Strong Transformation
Previously known as PlantX Life, the company changed its name to Jiva Technologies in November and expanded its operations in the healthcare sector.
• The company owns the online plant trading platform Bloombox Club, serving customers in the USA, UK, and Europe.
• Jiva also collaborates with the cryptocurrency project Kale Coin (KALE), focusing on the healthcare industry.
Bitcoin – Investment Choice of Large Enterprises
Not only Jiva Technologies, but other large organizations have also increased their Bitcoin holdings recently:
• MicroStrategy acquires an additional 55,500 BTC in just 1 week.
• Semler Scientific adds 297 BTC.
• Video platform Rumble announces plans to purchase 20 million USD in BTC.
• Apple CEO, Tim Cook, reveals he has held Bitcoin for the past 3 years.
Conclusion
With the decision to invest 1 million USD in Bitcoin, Jiva Technologies not only affirms its belief in the future of cryptocurrency but also pioneers the application of digital assets in the healthcare industry. This is a strategic move to strengthen the company's position and long-term value in the global market.
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