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The board of directors of AnixaBiosciences, a Nasdaq listed company, has approved the purchase of Bitcoin as a reserve asset. The company has also reiterated its ongoing stock repurchase plan, and its CEO Amit Kumar stated that the decision regarding Bitcoin is another approach to prudent financial management that can achieve higher shareholder value. It is reported that AnixaBiosciences is a biotechnology company specializing in the treatment and prevention of cancer. @gyokeres
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