Summary by Moomoo AI
reAlpha Tech Corp. announced its board's approval of a new investment policy to allocate up to 25% of excess cash to cryptocurrency purchases. The company plans to adopt Bitcoin, Ethereum, and Solana as its primary treasury reserve assets, subject to market conditions and operating needs.This strategy aims to diversify reAlpha's treasury holdings beyond cash, demonstrating a forward-looking approach to capital management. CEO Giri Devanur emphasized the initiative's goal of positioning reAlpha to adapt to changing market conditions and growing global acceptance of cryptocurrencies while maintaining flexibility for growth initiatives.The decision comes with inherent risks, including price volatility, cybersecurity threats, and regulatory uncertainties. reAlpha will closely monitor its cryptocurrency holdings and adjust its allocation strategy as needed in response to market conditions or evolving regulatory frameworks. The company has filed a Current Report on Form 8-K with the SEC, providing more details on the cryptocurrency treasury strategy and investment policy.
