Hyperscale Plans $10M XRP Purchase for Corporate Treasury
The post Hyperscale Plans $10M XRP Purchase for Corporate Treasury appeared on BitcoinEthereumNews.com.
Hyperscale’s Ault Capital Group targets to acquire $10M XRP for its treasury strategy. Flora Growth Corp already holds XRP, Ethereum and Solana to strengthen its asset portfolio. Firms highlight XRP’s role in cross-border payments and financial infrastructure benefits. Hyperscale Data has announced that its subsidiary Ault Capital Group, plans to purchase up to $10 million worth of XRP tokens for corporate treasury. The company has filed Form 8-K reports with the SEC regarding plans to release monthly digital asset holdings reports beginning this month. According to analyst Bill Morgan’s analysis of SEC filings, Hyperscale views XRP as particularly well-positioned for business finance applications that enable fast, secure, and efficient ability for transactions. Further, the firm plans to use XRP and the XRP Ledger to build cross-border settlement networks, real-time payment systems, and decentralized financial product creation. Recent with the SEC more companies or planning to hold XRP on the balance sheet: 1. Form 10-Q filing of Flora Growth Corp shows it holds XRP (and Solana and Eth) on its balance sheet.According to the company’s website it acquired digital assets to strengthen its balance sheet.… pic.twitter.com/VCDA9vOq6w — bill morgan (@Belisarius2020) August 5, 2025 Flora Growth Obtains Multi-Token Digital Asset Strategy Flora Growth Corp has existing holdings of XRP as part of a diversified portfolio of digital assets that includes Ethereum and Solana tokens. As per the company’s Form 10-Q filing, the acquisitions of these cryptocurrencies were aimed at improving balance sheet composition and financial positioning. Further, Flora Growth’s board stated that the digital asset strategy is aimed at optimizing corporate treasury management through exposure to leading blockchain networks. The multi-token strategy provides diversification into blockchain ecosystems and applications. These corporate adoption cases are due to mounting institutional demand for XRP following regulatory clarity obtained through Ripple’s court battles. With legal uncertainties…
