By Kelly Cloonan
Windtree Therapeutics plans to create a coverage that can permit it to simply accept cryptocurrency funds and maintain cryptocurrency as an asset.
Chief Govt Jed Latkin mentioned Tuesday the coverage is a part of the biotechnology firm's new technique to generate income.
Windtree is in discussions with a number of bitcoin- and different cryptocurrency-focused teams which might be desirous about furthering a treasury technique with the corporate, Latkin mentioned.
The corporate expects the coverage will likely be accomplished within the close to time period, he mentioned.
The inventory declined 8% to 73 cents in after-hours buying and selling Tuesday.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
June 03, 2025 17:09 ET (21:09 GMT)
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