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Mmastodon BusinessCrypto first seen 16 h ago, last 16 h ago, peak #5

Ripple-backed Evernorth to raise $80.7 million for XRP purchases

Original: 🚀 Evernorth Holdings, respaldada por # Ripple , firma un acuerdo para levantar $80.7M y comprar más $XRP: emitirá 5.2M d

Evernorth Holdings, a firm backed by Ripple, has signed an agreement to raise $80.7 million by issuing 5.2 million Class A shares at 97% of the volume-weighted average price, with proceeds earmarked for buying more XRP. Observers are comparing the move to Michael Saylor's Strategy playbook for accumulating Bitcoin, now applied to XRP.

Why now: Investors are watching the first major XRP treasury-style accumulation vehicle modelled on Strategy's Bitcoin strategy.

Evernorth HoldingsRippleXRPMichael SaylorStrategy

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