NASDAQ-listed company Skycorp Solar embraces cryptocurrency payments and strategically allocates ETH
NASDAQ-listed company Ningbo Skycorp Solar Group Ltd. recently announced a significant digital asset strategy. The company primarily manufactures and sells solar cables and connectors, and will accept Bitcoin (BTC), Ethereum (ETH), and mainstream stablecoins USDC and USDT as payment methods in the future.
More strategically significant is Skycorp Solar's plan to strategically purchase Ethereum (ETH) using part of the company's cash reserves and proceeds from renewable energy projects, as an important part of its long-term digital asset fund management. This move signifies that the company is not only opening up cryptocurrency payment channels but is also proactively incorporating ETH into its financial reserve allocation.
This dual initiative highlights the deep involvement of traditional energy tech companies in the cryptocurrency space: on one hand, it broadens payment scenarios to attract emerging market customers, while on the other hand, it explores asset diversification strategies through the allocation of ETH, demonstrating its long-term value expectations for specific crypto assets.
