According to TechFlow, on November 20, Hoth Therapeutics, a publicly traded company in the United States, announced that its board of directors approved the purchase of up to 1 million USD in Bitcoin. Hoth's CEO Robb Knie stated, "As Bitcoin continues to grow and gradually becomes a major asset class, attracting attention and recognition from investors, we believe Bitcoin will serve as a strong financial reserve asset. With the recent approval of Bitcoin ETFs and increasing activity from institutional investors, Bitcoin will be a powerful complement to financial strategies. We believe Bitcoin's anti-inflation characteristics may make it a reliable asset with value storage capabilities."