Nature's Miracle US Announces XRP Treasury Strategy

Nature's Miracle Holdings, a company listed on the US OTC market and specializing in vertical farming technology, announced on July 23 a new XRP treasury program worth up to $20 million (approximately 3 billion yen). Following this announcement, the company's stock price more than doubled compared to the previous day. The company will purchase XRP using the proceeds from equity financing based on its SEC-approved S-1 registration statement. The core of its financial strategy is to hold XRP as a long-term strategic asset and generate revenue through staking functions. Furthermore, the company plans to expand its business scope by actively participating in the Ripple ecosystem. CEO James Lee...