Enlivex Adopts Bitcoin Treasury Reserve Strategy
Enlivex Therapeutics Ltd. - Ordinary Shares (ENLV)
Company Research
Source: GlobeNewswire
Nes-Ziona, Israel, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Enlivex Therapeutics Ltd. (Nasdaq: ENLV, the “Company”), a clinical-stage macrophage reprogramming immunotherapy company, today announced that the Company’s Board of Directors approved the purchase of up to $1 million of Bitcoin as part of its cash management strategy. “As demand for Bitcoin has grown, together with its rising acceptance as a recognized medium of exchange, we believe that Bitcoin will serve the Company as a strong and diversifying treasury reserve asset,” said Oren Hershkovitz, CEO of Enlivex. “With the recent approvals of Bitcoin ETFs and growing support from institutional investors, we believe that Bitcoin can provide the Company with a potential functional store of value and an inflation hedge to standard currencies.” ABOUT ENLIVEX Enlivex is a clinical stage macrophage reprogramming immunotherapy company developing Allocetra™, a universal, off-the-shelf cell therapy designed to reprogram macrophages into
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ENLV
News
- Enlivex Therapeutics Ltd. (NASDAQ: ENLV) had its "buy" rating re-affirmed by analysts at D. Boral Capital. They now have a $13.00 price target on the stock.MarketBeat
- Enlivex Receives Regulatory Authorization for the Initiation of a Phase I Trial Evaluating Allocetra in Patients with TMJ Osteoarthritis [Yahoo! Finance]Yahoo! Finance
- Enlivex Receives Regulatory Authorization for the Initiation of a Phase I Trial Evaluating Allocetra in Patients with TMJ OsteoarthritisGlobeNewswire
- Trump's crypto advocacy steers businesses away from traditional treasury assets [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump's crypto advocacy steers businesses away from traditional treasury assets [Yahoo! Finance Canada]Yahoo! Finance Canada
ENLV
Sec Filings
- 12/11/24 - Form 6-K
- 12/3/24 - Form 6-K
- 11/29/24 - Form 6-K
- ENLV's page on the SEC website