$XRP
Nature's Miracle has unveiled a $20 million corporate treasury initiative focused on XRP, marking a significant move into Crypto by a publicly traded vertical farming technology company. XRP is adopted as the core Treasury asset by Nature's Miracle Holding Inc. (NMHI), a vertical farming technology company, which has plans to establish a corporate treasury program dedicated to XRP, with up to $20 million allocated for acquisition and surprise. The program will initially be funded through equity financing, with Nature's Miracle earmarking a portion of the financing proceeds towards XRP purchases. James Lee, CEO of Nature's Miracle, stated, "We see the tremendous potential of XRP as it enhances speed and reduces the cost of cross-border payments. We believe that adopting the XRP Treasury program will benefit our shareholders and the company." This move positions Nature's Miracle as one of the first publicly traded companies to adopt XRP as a core component of its treasury strategy. Alongside holding XRP as a long-term strategic reserve, the company plans to deploy yield-generating mechanisms and actively participate in the Ripple ecosystem.
