Business
Sunshine Biopharma Allocates $5 Million for Investment in Bitcoin as Strategic Reserve Asset to Enhance Treasury Resilience
FORT LAUDERDALE, FL / ACCESS Newswire / October 14, 2025 / Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a leading pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology ...
About this update from Bitcoin
[{"type":"text","content":"FORT LAUDERDALE, FL / ACCESS Newswire / October 14, 2025 / Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a leading pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals, today announced its Board of Directors has formally approved a strategic investment of $5 million in Bitcoin (BTC) as a strategic reserve asset. This move aligns with Sunshine Biopharma's broader strategy to strengthen its financial foundation while advancing its pipeline of generic prescription drugs and proprietary mRNA-based cancer therapies and antiviral drug candidates.","length":654,"tagName":"p"},{"type":"text","content":"The Company's Bitcoin investment of $5 million will be executed over time through a regulated digital asset custodian or, the purchase of an ETF or a proxy stock. The Company plans to increase its holdings of Bitcoin by allocating additional funds as such funds become available in the future.","length":297,"tagName":"p"},{"type":"text","content":""We view Bitcoin not just as a hedge, but as a high-conviction asset with asymmetric upside," said Dr. Steve Slilaty, CEO of Sunshine Biopharma. "In an environment of persistent monetary expansion, Bitcoin offers a unique combination of scarcity, liquidity, and global accessibility. It's a natural complement to our long-term capital strategy."","length":369,"tagName":"p"},{"type":"text","content":"The Company remains fully committed to its core mission of delivering life-saving therapeutics and will continue to focus on its drug development pipeline, including its antiviral small molecules, mRNA-based cancer therapies, and generic drug portfolio.","length":253,"tagName":"p"},{"type":"text","content":"About Sunshine Biopharma Inc.","length":29,"tagName":"p"},{"type":"text","content":"Sunshine Biopharma currently has 74 generic prescription drugs on the market in Canada and more than 12 additional drugs planned to be launched in 2026. In addition, Sunshine Biopharma is conducting a proprietary drug development program which is comprised of (i) K1.1 mRNA, an mRNA-Lipid Nanoparticle targeted for liver cancer, and (ii) PLpro protease inhibitor, a small molecule for treatment of SARS Coronavirus infections. For more information, please visit: www.sunshinebiopharma.com....