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US-listed company reAlpha plans to use up to 25% of surplus cash to buy cryptocurrencies
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2024-12-19 22:03 3,593
According to news on December 19, the US listed company reAlpha Tech Corp. (Nasdaq: AIRE) announced that its board of directors has approved an investment policy to purchase cryptocurrencies and adopted Bitcoin, Ethereum and Solana as reAlpha’s main financial reserve assets. . The company plans to use up to 25% of excess cash (if any) in excess of expected 6-month operating expenses to purchase cryptocurrency, which will be determined based on the company's market conditions and actual operating needs, which reflects the company's capital commitment to innovation Management and diversification strategies.
Keywords: Bitcoin
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