Golden Finance reported that listed company Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) announced that with the approval of the board of directors, the company has purchased $1 million worth of Bitcoin and other cryptocurrencies as part of its strategic efforts. Additionally, in the future the company will allow future financing and other transactions to be conducted in cryptocurrencies. The company places all of its cryptocurrencies in the custody of fully compliant custodians. The company emphasizes that all transactions will be fully compliant with all relevant financial and auditing regulations, ensuring 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.