Hoth Therapeutics allocates $1M to Bitcoin as treasury asset Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value. https://image.nostr.build/c69125ca2eda612fd0262cba0fbd218866f1aa3d592d6be8ed0b7692c68a7af7.jpg ]Source](https://cointelegraph.com/news/hoth-therapeutics-bitcoin-treasury-strategy-inflation-hedge)
Hoth Therapeutics views Bitcoin as a potential hedge against inflation, emphasizing its characteristics as a reliable store of value amid economic uncertainties.Growing Adoption Trends: The decision reflects a broader trend of increasing acceptance of Bitcoin among institutional investors and businesses, particularly following recent approvals of Bitcoin ETFs and heightened interest from institutional players