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reAlpha, a real estate technology company that leverages artificial intelligence (AI) technologies, has announced a move to integrate cryptocurrencies into its treasury strategy.
The company’s board of directors approved an investment policy that allows up to 25% of its excess cash beyond the estimated six months of operating expenses to be allocated to cryptocurrency purchases.
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were designated as the company's primary treasury reserve assets.
“This initiative, approved by the board, demonstrates our forward-looking approach to capital management,” said Giri Devanur, CEO of reAlpha. “By allocating a portion of our excess cash to crypto after accounting for our operating needs and acquisition opportunities, we aim to diversify our treasury assets and position reAlpha to adapt to changing market conditions and the increasing global acceptance of crypto, while maintaining flexibility to execute on our growth initiatives.”
Currently, reAlpha's treasury reserves consist solely of cash.
The allocation of funds will depend on market conditions and reAlpha's operational needs and will enable the company to maintain flexibility to meet its growth and acquisition objectives.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/giant-company-announces-it-will-convert-some-of-its-treasury-assets-into-these-three-cryptocurrencies/" rel="noopener noreferrer nofollow">Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies</a>

Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies

Bitcoin Sistemi EN

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