US listed company reAlpha plans to use up to 25% of its surplus cash to buy cryptocurrencies
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Justin Sun Forces Banana Artwork to Be Removed
The State Duma has named the date for the appearance of a QR code for the digital ruble
Trump Pledges to Boost Crypto at Blockchain Association Gala
President-elect Trump’s surprise visit to the Blockchain Gala thrilled attendees.