VivoPower Is Accumulating XRP Exposure At 84% Off: Here’s How
NeutralCryptocurrency

At the recent XRP Meetup in New York, Adam Traidman, Chairman of VivoPower, unveiled the company's strategy to accumulate XRP at a significant discount of 84%. This move comes amid a troubling trend where many digital asset treasury companies have collapsed, with stock prices plummeting by 80-90%. Traidman likened this situation to the early 2000s investment-trust boom and bust, indicating a precarious environment for such companies. Despite these challenges, VivoPower's strategy aims to leverage the current market dynamics to extract on-chain yield, potentially positioning the company favorably in a sector marked by volatility. With Ripple's valuation at $40 billion, the focus on XRP could signify a calculated risk that may yield returns if the market stabilizes.
— via World Pulse Now AI Editorial System





