German cosmetics company Evertz Pharma GmbH increased its holdings of 100 Bitcoins in May

German natural cosmetics company Evertz Pharma GmbH announced in May this year that it had increased its holdings of 100 bitcoins (BTC), worth about 10 million euros (approximately 10.8 million US dollars). Dominik Evertz, Managing Director of Evertz Pharma, stated that bitcoin as a strategic asset aligns well with the company's future resilience and stability vision. Chief Financial Officer Tobias Evertz added that the company will continue to evaluate ways to sustainably increase its bitcoin reserves.