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Nasdaq-listed company Worksport plans to invest part of its cash reserves in BTC and XRP

Nasdaq-listed company Worksport plans to invest part of its cash reserves in BTC and XRP

Bitget2024/12/05 13:32

On December 5th, Worksport, a small company listed on NASDAQ, is investing part of its cash reserves in Bitcoin and XRP. The company announced that it will allocate 10% of its cash reserves (up to $5 million) to cryptocurrencies, but this ratio may change in the future. In an interview, Worksport CEO Steven Rossi stated that he has personally been investing in XRP for some time and strongly believes in decentralization. (Coindesk)

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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