Odaily News Natures Miracle (NMHI), a US-listed company that has launched an XRP treasury program, announced that it has signed a $2 million convertible preferred stock investment agreement with an Asian private investment firm. It has currently received the first tranche of $500,000, with the remaining $1.5 million expected to be received by November 15, 2025. The company had previously ventured into Bitcoin mining and announced a $20 million corporate XRP treasury program in July this year, intending to use the equity financing proceeds to purchase XRP and meet working capital needs. (PRNewswire)
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The US-listed company NMHI, which launched the XRP treasury plan, raised $2 million through a share offering.
Odaily News Natures Miracle (NMHI), a US-listed company that has launched an XRP treasury program, announced that it has signed a $2 million convertible preferred stock investment agreement with an Asian private investment firm. It has currently received the first tranche of $500,000, with the remaining $1.5 million expected to be received by November 15, 2025. The company had previously ventured into Bitcoin mining and announced a $20 million corporate XRP treasury program in July this year, intending to use the equity financing proceeds to purchase XRP and meet working capital needs. (PRNewswire)