VivoPower uses mining token replacement strategy to deploy XRP at a low price
Source: Htx
Time: 2025-09-17 06:01:13
According to Huobi HTX, XRP reserve company VivoPower said its mining division, Caret Digital, will expand the scale of mining machines and replace the mined tokens with XRP through a "batch" discount. The company says the strategy allows it to get XRP exposure at about 65% off. Previously, VivoPower has laid out XRP through private equity, Ripple equity acquisition and income plan, and further combined the electric vehicle business Tembo with XRP stablecoin RLUSD payment, and invested $30 million in the institutional income plan to achieve profit reinvestment. The company's shares fell slightly by 0.5% on Tuesday, with a market value of about $50 million.