24/7 Market News Snapshot 12 November, 2024 – OneMedNet Corp Class A Common Stock (NASDAQ:ONMD)

November 12, 2024

DENVER, Colo., 12 November, 2024 (247marketnews.com) – (NASDAQ:ONMD) are discussed in this article.
OneMedNet Corp is experiencing a significant rise in its Class A Common Stock (ONMD), opening at $0.772 and currently trading at $1.164, reflecting an impressive increase of over 51%. This surge follows a closing price of $0.770 from the previous day, indicating strong investor interest and momentum. Currently, ONMD boasts a trading volume of 1.25 million shares, underscoring its appeal in the market.

In conjunction with this market activity, OneMedNet Corporation has unveiled a strategic initiative focusing on financial innovation through the acquisition of Bitcoin. The company has invested in approximately 34 Bitcoin, integrating this digital asset into its operational framework as part of its commitment to enhancing the capabilities of its pioneering iRWD™ platform. Recognized as a leader in curating regulatory-grade Real World Data (RWD), OneMedNet’s embrace of modern financial technologies demonstrates a proactive approach that aligns with trends seen among industry frontrunners in the cryptocurrency sector.

Brian Estes, Chief Investment Officer of Off The Chain Capital, a notable investor in OneMedNet, expressed confidence in the transformative power of Bitcoin, projecting its potential centrality to future monetary systems. This perspective complements OneMedNet’s strategy to maintain financial stability while advancing healthcare technology through its iRWD™ platform, which serves over 1,400 healthcare partner sites.

Aaron Green, CEO and President of OneMedNet, articulated the significance of this investment for operational growth, emphasizing a strategic approach that enhances financial resilience while driving innovation. By incorporating Bitcoin, OneMedNet aims to strengthen its position at the intersection of healthcare and finance, ultimately working to improve patient outcomes and lead the next wave of advancements in the healthcare landscape.

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