Cryptocurrency

Shiba Inu Adoption: Healthcare Company ‘Ask The Doctor’ Buys $1.5 Million Worth of SHIB

A Canadian online healthcare company, Ask The Doctor, has recently announced that it has added $1.5 million worth of Shiba Inu (SHIB) to its balance sheet.

The new development was announced via the official Twitter handle of the healthcare company on 1st December 2021. The amount purchased is relatively 31 billion SHIB.

Read Also: Shiba Inu Collaborates With former Activision Vice President, William David Volk, To Create SHIB NFT Game

“Ask The Doctor has added ~$1.5M USD (approx 31B shib) to our balance sheet via Kraken. We are 72 hours away from accepting SHIB with our healthcare partners.”

Read Also: Shiba Inu Can Now Be Purchased With USD on Binance.US; Newegg Rumored To Soon Accept SHIB

The huge purchase was reportedly facilitated by the top US-based exchange, Kraken. As reported by TimesTabloid, Shiba Inu (SHIB) got officially listed on the exchange on 29th November, while the trading of the meme token went live on 30th November.

Within the next three days, Ask The Doctor will also start accepting the digital token with its healthcare partners.

About Ask The Doctor

The Toronto-based company was launched in 2010, allowing its clients to connect with medical professionals via text messages or video streaming. Notably, its list of co-founders includes former NBA player Israel Idonije and former NBA star Dikembe Mutombo.

Read Also: Shiba Inu (SHIB) Regains Its Place as the King of ERC-20 among the Top 1,000 Ethereum Whales

In 2016, Ask The Doctor started accepting Bitcoin payments, becoming the first healthcare company around the globe to embrace crypto. The reason for adding the new payment option was to offer customers who share sensitive medical data more privacy.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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