US-listed company reAlpha plans to use 25% excess cash to purchase cryptocurrency

BlockBeats News, December 19, the board of directors of the US-listed company reAlpha Tech Corp. (AIRE) approved a new investment policy, listing Bitcoin, Ethereum, and Solana as the company's primary reserve assets. The company plans to use up to 25% of excess cash to purchase cryptocurrency after ensuring 6 months of operating expenses, and the specific allocation will be adjusted based on market conditions and actual operational needs.

reAlpha CEO Giri Devanur stated that this move aims to achieve fund management diversification and enhance the company's ability to respond to market changes. The company will closely monitor its cryptocurrency holdings and promptly adjust its allocation strategy based on the market environment and regulatory framework.