VivoPower is shifting its focus towards acquiring Ripple shares, exploiting discounted trading prices linked to Ripple’s XRP valuation. This strategy aims to enhance their XRP treasury, capitalizing on Ripple shares’ substantial undervaluation.
Despite a remarkable stock rise of approximately 300% this year, VivoPower’s shares have faced difficulties surpassing peaks. The planned acquisition aims to secure each XRP token at an implied value of $0.47, further reflecting VivoPower’s investment strategy.
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