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US-listed company reAlpha plans to spend up to 25% of its surplus cash on cryptocurrency purchases
On December 19th, US-listed company reAlpha Tech Corp. (Nasdaq: AIRE) announced that its board of directors has approved an investment policy for the purchase of cryptocurrencies and adopted bitcoin, ethereum, and Solana as the main financial reserve assets of reAlpha. The company plans to use up to 25% of the excess cash (if any) in excess of the estimated 6-month operating expenses to purchase cryptocurrencies, depending on the company's market conditions and actual operating needs, reflecting...
2024-12-19 13:55:40
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