Skycorp Solar’s stock rose by 8.39% following the announcement of its decision to purchase Ethereum as part of its treasury management strategy.
The company will leverage cash reserves and returns from renewable energy projects to finance its ETH acquisitions, as well as accept Bitcoin and stablecoins for international transactions.
With increasing institutional interest in Ethereum, several companies, including SharpLink Gaming and BitMine, are significantly investing in ETH, emphasizing its potential.
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