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Hong Kong’s IVD Medical Bets Big: $19M Ether Treasury Move Signals Crypto Confidence
Hong Kong’s IVD Medical Bets Big: $19M Ether Treasury Move Signals Crypto Confidence
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Another corporate whale dives into crypto—Hong Kong’s IVD Medical just parked $19 million worth of Ether in its treasury. Because nothing says 'stable investment' like volatile digital assets, right?
The Play:
While traditional finance hedges, IVD Medical doubles down on Ethereum. Smart strategic reserve—or a Hail Mary pass for relevance in the Web3 era?
Why It Matters:
Institutional adoption isn’t coming—it’s here. Even healthcare-adjacent firms now treat ETH like a balance sheet staple. Watch for copycats as the 'digital gold' narrative gets a corporate rebrand.
The Punchline:
If this triggers a 10% ETH price bump, expect CFOs everywhere to suddenly 'believe in blockchain.' Funny how that works.
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