SynBiotic SE Becomes The First Publicly Traded Company In Germany To Hedge Against Euro Currency Devaluation With Bitcoin

Munich, February 16, .

Given the excessive increase in money supply in both the euro and USD zones, there is legitimate concern about a massive devaluation of fiat money. The cannabis company SynBiotic SE (XETRA; ISIN: DE000A2LQ777 / WKN: A2LQ77) is therefore set to become the first listed company in Germany to hedge against the devaluation of the euro with bitcoin. Hence, SynBiotic SE has started to shift some of its free liquidity into bitcoin.

SynBiotic SE CEO Lars Müller says of the decision: …

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