Growing Corporate Interest in XRP: Companies Expand Holdings and Reporting Strategies

Key Points

1. Flora Growth disclosed XRP holdings alongside Solana and Ethereum in a Form 10-Q filing, aiming to improve its financial structure.

2. Hyperscale Data filed a Form 8-K announcing monthly XRP holdings reports and a $10 million investment in XRP through its subsidiary, Ault Capital Group Inc.

3. Webus outlined plans in a Form 6-K to establish a $300 million corporate treasury focused on XRP.

4. Other companies, including VivoPower and Wellgistics, are also adding XRP exposure to their portfolios.

5. A 20 million XRP transaction worth over $60.5 million was recorded moving from Upbit to an unidentified wallet, reflecting rising market interest.