🚀 VivoPower Goes All-In on Ripple!
📈 Nasdaq-listed VivoPower (VVPR) shares jumped +32% after announcing a $100M purchase of Ripple Labs shares — boosting its XRP-focused treasury strategy.
💡 Plan: Buy both Ripple equity + XRP tokens to maximize yield & cut XRP acquisition cost to just $0.47 (≈ 86% discount from market price).
🔹 First publicly listed US company to give investors exposure to both Ripple & XRP.
🔹 Partnering with BitGo for custody & Nasdaq Private Market for share transactions.
🔹 Quarterly audits for transparency.
📊 CEO Kevin Chin:
> “We aim to optimize yield while minimizing costs — this dual strategy is a game-changer.”
💥 After-hours: shares gained another +4.5%!