Another Publicly Traded Firm Is Putting Bitcoin in Its Treasury—XRP Too
Nasdaq-listed auto parts firm Worksport said Thursday that it would buy $5 million in Bitcoin and XRP as a diversification strategy.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Another Crypto Treasury Waves the White Flag as SkyAI Liquidates Its SOL
On Monday, Melville, New York-based SkyAI, a publicly traded U.S. fintech and digital asset treasury firm, announced its complete...
Super League Stockholders Approve Metaplanet’s 2,100 BTC Investment, Paving Way for ‘Superplanet’
Bitcoin Magazine Super League Stockholders Approve Metaplanet’s 2,100 BTC Investment, Paving Way for ‘Superplanet’ Super League st...
Strategy Raises Its Preferred Buyback Cap to $3 Billion After Another $193 Million STRC Week
Strategy’s board approved a $1 billion increase to the company’s preferred stock buyback program, bringing the total it can spend...
Bitcoin Price Prediction: Strategy Slapped the Buy Button Amid MSCI Delisting Rumours
Strategy added Bitcoin even as an MSCI delisting review put its funding model under scrutiny. BTC traded at $81,500 after recoveri...
Binance launches auto order routing on its Spot platform
Binance's AOR could enhance trading efficiency in low-liquidity markets, potentially increasing user engagement and market fluidit...
Bitmine buys 12,535 ETH as Tom Lee expects firm to outperform in upcoming bull market
Bitmine's strategic ETH acquisition and staking could enhance its market position, potentially driving significant returns in a bu...