Qualigen rallies on announcing $30 mln crypto treasury partnership with BitGo
** Shares of drugmaker Qualigen Therapeutics rise 46.3% to $5.65 during early trade** Co late on Thursday said it partnered with digital asset infrastructure company BitGo to manage a $30 mln crypto treasury allocation** BitGo to provide custody and desk services for investment and management of digital assets - QLGN** Co said strategy involves investing in top 10 cryptocurrencies, excluding stablecoins** QLGN, majority-owned by EV startup Faraday Future , says "partnership with BitGo allows us to further diversify our corporate treasury with digital assets, reflecting our commitment to both financial resilience and leadership in the evolving digital economy"** In September, FFAI and QLGN partnered to launch a crypto and Web3 business** Including session's move, stock down ~16% YTD