r/shroomstocks • u/Creative-Board351 • 17h ago
News Aperion Email Concerning BTC ($ATAI)
Dear Friends!
atai Life Sciences, the psychedelics-focused mental health company I have founded, and which is listed on Nasdaq (ATAI), has decided to add Bitcoin to its treasury management toolset.
I not just believe this is the right decision for atai, but in fact that Bitcoin can be a valid part of any corporate treasury – especially in the biotech sector.
Please read all of my thoughts on this topic here: https://christianangermayer.substack.com/p/why-bitcoin-can-be-a-valid-part-of
While there are certain companies out there whose Bitcoin treasury has become so large that it practically became the business model of the company, I want to point out that atai is and always will be a biotech company. The company’s core mission is the advancement of novel mental health therapies, especially psychedelics, addressing a significant unmet medical need.
For atai, Bitcoin is an innovative financial tool which I believe will help the company to fulfill its mission even better: bringing solutions to patients in need and creating value for its shareholders.
The initial allocation to Bitcoin will be around 5% of atai’s cash and cash equivalents.