Nasdaq-listed company Worksport announces its purchase of Bitcoin and XRP
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2024-12-05 21:32 5,871
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Golden Finance reported that Worksport, a Nasdaq-listed company, announced that it would invest in Bitcoin and XRP, with an allocation ratio of 10% of cash reserves and a maximum investment amount of US$5 million. CEO Steven Rossi said the move was aimed at combating inflation and making transactions more efficient. Since Trump’s election, more than a dozen companies have announced purchases of Bitcoin, but Worksport’s choice to allocate XRP at the same time is rare. Rossi has personally held XRP for a long time. He believes that XRP is gradually stabilizing and emphasizes the importance of decentralized assets to enterprises.