OneMedNet Corporation (NASDAQ:ONMD) ("OneMedNet" or the "Company"), a pioneer in curating regulatory-grade Real World Data (RWD) including electronic health records, laboratory results, and medical imaging, has announced an additional strategic investment in Bitcoin. This investment is designed to enhance the company's financial resilience and support the expansion of its cutting-edge iRWD platform. As of November 12, 2024, the Company has invested in approximately 34 Bitcoin.
Off The Chain Capital has made significant investments in OneMedNet through multiple funding rounds, and their expertise regarding Bitcoin has been invaluable. Brian Estes, Chief Investment Officer, of Off The Chain Capital, shared, "We believe Bitcoin will become the monetary layer of the world over the next few decades, much like gold was for over 3000 years. Companies that embrace this vision will gain a strategic advantage over those losing the purchasing power of their treasury reserves due to the debasement of fiat currencies."
OneMedNet has adopted a Bitcoin on the balance sheet strategy based on the approach Michael Saylor and MicroStrategy (MSTR) pioneered, which reflects a forward-looking approach to corporate treasury management that incorporates digital currencies.
This investment is part of OneMedNet's commitment to sustainable growth and innovation that supports the healthcare community through high-quality, compliant regulatory grade clinical data. The iRWD platform provides secure, comprehensive management of diverse de-identified clinical data, from electronic health records and laboratory results to medical imaging, across our network of 1,400+ healthcare partner sites playing a crucial role in advancing medical research, improving patient care, and driving healthcare innovation.
