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US listed company reAlpha plans to use up to 25% of its surplus cash to buy cryptocurrencies

US listed company reAlpha plans to use up to 25% of its surplus cash to buy cryptocurrencies

CointimeCointime2024/12/19 14:34
By:Cointime

On December 19th, reAlpha Tech Corp. (Nasdaq: AIRE), a US-listed company, announced that its board of directors has approved an investment policy for purchasing cryptocurrency and has adopted Bitcoin, Ethereum, and Solana as reAlpha's primary financial reserve assets. The company plans to use up to 25% of any excess cash (if any) beyond the expected 6 months of operating expenses to purchase cryptocurrency, depending on the company's market conditions and actual operational needs. This reflects the company's commitment to innovative capital management and diversification strategies.

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