VivoPower says its replacement strategy can hoard XRP at a discount of 65% at a low cost

PANews September 17th news, according to The Block, XRP treasury company VivoPower International (stock code: VVPR) said on Tuesday that its mining subsidiary Caret Digital will expand its business operations and exchange the tokens it mined for XRP, a move that will allow the company to obtain the cryptocurrency exposure at an effective discount of 65%. The company did not specify how much XRP it expected to acquire or what mining tokens it will redeem. VivoPower said its XRP reserve strategy is dual: combining token exchanges in mining activities with Ripple equity acquisitions to reduce average acquisition costs while deepening exposure to the XRP ecosystem.