XRP News Today: VivoPower Shares Jump 32.12% on $100M Ripple Buy Plan to Boost XRP Strategy

VivoPower International PLC, a Nasdaq-listed solar power company, experienced a 32.12% surge in its share price on July 10, reaching $5.10, following the announcement of a $100 million plan to purchase shares of privately held Ripple Labs. The move is part of an expanded digital asset treasury strategy focusing on XRP, Ripple’s native cryptocurrency. The company intends to acquire Ripple shares from existing shareholders and continue direct purchases of XRP tokens, making it the first publicly traded U.S. firm to offer investors exposure to both Ripple equity and XRP [1].

The investment plan, which follows two months of due diligence, requires approval from Ripple’s executive management. Kevin Chin, the company’s executive chairman and CEO, stated that the combined purchase of Ripple shares and XRP tokens would help optimize yield maximization while minimizing the weighted average cost of XRP acquired [2]. Independent audits of Ripple holdings will be conducted quarterly, with BitGo managing custody and Nasdaq Private Market facilitating the private share transactions [3].

According to VivoPower, every $10 million in Ripple shares purchased could potentially add $5.15 in value per share for investors, although this figure remains subject to market volatility [4]. The firm estimates that the average acquisition cost per XRP token could be reduced to $0.47, an 86% discount to current market prices, based solely on Ripple’s XRP holdings and excluding the value of its other business operations [5].

The stock continued to gain momentum, rising an additional 4.51% in after-hours trading. This surge reflects growing investor enthusiasm for companies integrating digital assets into their balance sheets. The move aligns with a broader trend of institutional confidence in blockchain technology and its potential to deliver long-term value [6].

Ripple, which created 100 billion XRP tokens at inception, has burned approximately 14 million tokens to date and currently holds 41 billion in escrow. The company also operates the RLUSD stablecoin and several digital asset-related ventures, including a digital asset prime broker, custodians, and a stablecoin payment platform [7].

The 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 [8].

Source:

[1] Cointelegraph, https://cointelegraph.com/news/vivopower-shares-jump-ripple-xrp-strategy

[6] StartupNews.fyi, https://startupnews.fyi/2025/08/09/vivopower-shares-jump-32-on-100m-ripple-equity-buy-to-boost-xrp-strategy/

[8] advfn.com, https://mx.advfn.com/bolsa-de-valores/COIN/XRPUSD/crypto-news/96601033/vivopower-shares-jump-32-on-100m-ripple-buy-plan