In a groundbreaking financial maneuver, VivoPower, a Nasdaq-listed company, has announced a new equity issue to raise a total of $19 million by pricing shares at $6.05 each—significantly above the current market value. This move signals robust investor appetite and aims to enhance liquidity for future XRP coin acquisitions, positioning the cryptocurrency as a treasury asset.
Strong Institutional Demand
The equity issue, priced above market value, sends a clear signal about the quality of institutional demand. The ability to generate interest even at a premium that raises the cost of capital underscores confidence in management’s XRP‑focused strategy. This pricing approach creates additional balance sheet flexibility, allowing VivoPower to maintain its purchasing discipline even during volatile periods.
The number of publicly traded companies elevating XRP to a core asset level remains limited. VivoPower’s consistent choice could mark a new phase in the story of corporate adoption. This financing step, focused on liquidity and risk management, carries the potential to enhance reputation within the ecosystem when considered alongside Blockchain internal yield pursuits and institutional custody solutions.
VivoPower’s XRP‑Oriented Strategy
VivoPower previously announced a private equity issuance under Regulation S, raising $121 million from non‑U.S. investors, led by a Saudi prince. This creates a geographically diversified capital base, fueling the ambition to increase XRP investments.
An initial deployment of $30 million in XRP through a collaboration with Doppler Finance, which enables yield generation on XRPL, aims to optimize returns while maintaining corporate compliance and operational transparency. This strategy aims to add cryptocurrency returns to treasury management, alongside traditional cash equivalents.
Last month, VivoPower also disclosed plans for a $100 million acquisition of Ripple shares. The strategy includes converting coins obtained via PoW mining into XRP, representing another facet of the company’s roadmap. The new $19 million equity influx accelerates this trajectory, offering opportunities to scale investments and returns on altcoin ventures.
According to Yahoo Finance, VivoPower shares closed the most recent trading day with a 14% increase at $5.13. They rose a further 1.36% in pre‑session trading, reaching $5.20.