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Nature's Miracle Holding Inc. Announces an up to $20 Million Corporate XRP Treasury Program
Prnewswire· 2025-07-23 12:30
Core Viewpoint - Nature's Miracle Holding Inc. is establishing a Corporate XRP Treasury program with a budget of up to $20 million to purchase XRP and support working capital needs, positioning itself as a pioneer in adopting cryptocurrency as a core treasury strategy [1][2][4] Group 1: Corporate Strategy - The company plans to use proceeds from equity financing through GHS Investments, following the SEC's effective declaration of a Registration Statement on Form S-1, to fund the purchase of XRP [1][3] - Nature's Miracle aims to acquire XRP tokens as long-term strategic reserves and will implement staking mechanisms to generate yield while engaging with the Ripple ecosystem [2][4] Group 2: Market Context - The adoption of cryptocurrency as a core treasury holding is gaining traction among institutions, particularly following the signing of the GENIUS act by President Trump, which is expected to further encourage this trend [4] - Established financial institutions, such as Banco Santander and American Express, are already involved with XRP, indicating a growing acceptance of this cryptocurrency in the financial sector [4] Group 3: Company Overview - Nature's Miracle is a growing agriculture technology company that provides products and services to the Controlled Environment Agriculture (CEA) industry in the U.S. and trades on the OTCQB market under the symbol "NMHI" [5]
Nature's Miracle Holding Inc. Announces Agreement with Hybridifi To Develop Digital Treasury Management
Prnewswire· 2025-06-04 12:40
Core Insights - Nature's Miracle Holding Inc. has entered into an agreement with Hybridfi Inc. to design a Digital Asset Treasury Program aimed at enhancing cash management solutions through blockchain technology [1][2] - The program will involve research and selection of blockchains and digital assets that align with the financial needs of Nature's Miracle, as well as the development of tokenized products [1][2] - The CEO of Nature's Miracle emphasized the significance of this agreement in demonstrating the company's commitment to digital treasury management [2] Company Overview - Nature's Miracle is a growing agriculture technology company that provides products and services to the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company's common stock trades on the OTCQB market under the symbol "NMHI" [2] Consultant Overview - Hybridfi Inc. is focused on democratizing decentralized finance (DeFi) and aims to make it transparent and accessible to consumers and businesses [3] - The mission of Hybridfi is to drive DeFi adoption by providing innovative solutions [3]