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0.0148305084745761 -0.0466101694915256 -0.0466101694915256 -0.0466101694915256 -0.0211864406779662 -0.0211864406779662 -0.00847457627118645 0.0177118644067796
Stock impact report

PESG Research Report: Steakholder Foods Ventures into Alternative Assets as Treasury Strategy amidst Accelerating Commercialization

Steakholder Foods Ltd. - American Depositary Shares (STKH) 
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--PESG research releases a market alert covering Steakholder Foods (Nasdaq: STKH): Steakholder Foods a leader in alternative proteins and 3D printing technologies, has approved up to $1 million in crypto-currency purchases, as part of its treasury strategy. CEO Arik Kaufman describes the move as forward-thinking, aligning with the growing institutional adoption of digital assets and the recent approval of cryptocurrency ETFs. This strategic step not only underscores Steakholder’s innovative ethos but could also enhance its financial flexibility.The decision comes amid Steakholder Foods’ transition from R&D to commercialization, marked by multiple milestones. These include strategic partnerships with global players like Wyler Farm, Bondor Foods, and the Industrial Technology Research Institute (ITRI) in Taiwan, as well as six international Letters of Intent (LOIs) signed with leading industry players. Initial purchase orders and the opening of a state-of-the- Show less Read more
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