VivoPower Soars 13.33% on $100M Ripple, XRP Investment

Generated by AI AgentAinvest Pre-Market Radar
Monday, Aug 11, 2025 6:35 am ET1min read
Aime RobotAime Summary

- VivoPower's shares surged 13.33% pre-market after announcing a $100M investment in Ripple shares and XRP tokens, becoming the first U.S. public company with dual exposure to both.

- The strategic move aims to reduce XRP acquisition costs by 86% through direct token purchases and private share deals, with BitGo managing custody and Nasdaq facilitating transactions.

- CEO Kevin Chin emphasized the plan's focus on maximizing yield while maintaining quarterly audits, signaling a strategic shift toward blockchain integration in traditional equities.

On August 11, 2025, VivoPower's shares rose by 13.33% in pre-market trading, marking a significant surge in investor interest.

VivoPower, a Nasdaq-listed solar firm, announced a $100 million plan to purchase

shares and tokens, becoming the first U.S. public company to offer dual exposure to Ripple equity and XRP. This strategic move aims to optimize XRP yield and reduce acquisition costs by 86% through direct token purchases and private share acquisitions from existing Ripple shareholders.

The company's executive chairman and CEO, Kevin Chin, highlighted that the combined purchase of Ripple shares and XRP tokens would help maximize yield while minimizing the weighted average cost of XRP acquired. Independent audits of Ripple holdings will be conducted quarterly, with BitGo managing custody and Nasdaq Private Market facilitating the private share transactions.

VivoPower's decision to allocate a significant portion of capital to Ripple assets demonstrates a strong conviction in the company’s long-term prospects and underscores a strategic shift in VivoPower’s business model. This aligns the firm with the evolving digital asset landscape and highlights the increasing convergence between traditional equities and blockchain-based investments.

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