SRx Health shares fall 10.24% after-hours after allocating $18 million to Bitcoin and Ethereum in digital treasury expansion.

SRx Health Solutions (SRXH) fell 10.24% in after-hours trading following the announcement that it allocated additional capital to its digital treasury management strategy, increasing its Bitcoin and Ethereum holdings to $18 million. The move, part of a broader strategy to deploy excess liquidity into undervalued assets like cryptocurrencies, equities, and commodities, was framed as a risk-mitigation effort. However, the market reacted negatively, potentially viewing the investment as a speculative use of capital that could expose shareholders to heightened volatility without aligning with the company’s core healthcare operations. The announcement emphasized flexibility in adjusting holdings but did not address concerns about the risks inherent in crypto markets, contributing to the sharp decline.