The US-listed company reAlpha plans to use 25% of its excess cash to purchase cryptocurrency
ChainCatcher news, according to GlobeNewswire, the board of directors of the US-listed company reAlpha Tech Corp. (AIRE) has approved a new investment policy, designating Bitcoin, Ethereum, and Solana as the company's primary reserve assets. The company plans to allocate up to 25% of excess cash for cryptocurrency purchases after ensuring six months of operating expenses, with specific allocations adjusted based on market conditions and actual operational needs.reAlpha CEO Giri Devanur stated that this move aims to diversify fund management and enhance the company's ability to respond to market changes. The company will closely monitor its cryptocurrency holdings and adjust its allocation strategy in a timely manner based on the market environment and regulatory framework.