Nature's Miracle Market Cap currently stands at $7.09 million.
On July 23rd, Nature's Miracle Holding Inc., a vertical agriculture technology company listed on the US OTC trading market (OTCQB: NMHI), currently has a market value of $7.09 million. Its stock price rose by more than 10% on the previous trading day.
Today, Nature's Miracle Holding Inc. announced a $20 million XRP Treasury Reserve Plan. This plan will be supported by equity financing from GHS Investments based on the company's previously effective S-1 registration statement declared by the US Securities and Exchange Commission (SEC). The purpose is to purchase XRP and meet operational funding needs.
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Nature's Miracle has announced a $20 million XRP Treasury Reserve Plan
On July 23rd, the vertical farming technology company Nature's Miracle Holding Inc. (OTCQB: NMHI) (hereinafter referred to as "Nature's Miracle" or the "Company") announced today that the Company will establish a corporate-level XRP treasury plan with a maximum amount of $20 million. This plan will be supported by equity financing from GHS Investments based on the previously effective S-1 registration statement announced by the U.S. Securities and Exchange Commission (SEC), and will be used to purchase XRP and meet operational funding requirements.
This strategic move makes Nature's Miracle one of the first listed companies to adopt XRP as a core treasury strategy. The plan will focus on the following directions:
- Long-term strategic XRP reserves;
- Deployment of staking mechanisms to earn rewards;
- Deep involvement in the Ripple ecosystem.
To support this plan, Nature's Miracle will initially use a portion of the equity financing funds that may be obtained through the S-1 registra
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CoinUp.io's public blockchain CPChain is officially live
On July 23rd, CoinUp.io made an announcement that its underlying public chain, CPChain, has officially been launched. This not only signifies a new chapter within the CoinUp ecosystem but also takes a firm stride towards a decentralized future.
CPChain will offer a fast, secure, and low-cost on-chain experience to global users, enabling countless innovative scenarios and applications. As the core asset of the platform, the CP token will serve as a key driving force for the cross-chain ecosystem, unlocking more rights and value.
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Analysis: Ethereum Surge Driven by Skyrocketing Structural Demand
July 23rd. Matt Hougan, the Chief Investment Officer of Bitwise, stated in an internal memo on July 22nd that Ethereum is currently facing a "demand shock." Since May 15th, ETFs and newly established corporate treasuries have purchased approximately 2.83 million ETH, with a total value of around $10 billion—32 times the output of the Ethereum network during this period. This supply-demand gap is likely to continue to widen.
Hougan said that Ethereum has increased by more than 65% in the past month and more than 160% since April. He believes that this growth is mainly driven by a supply-demand imbalance rather than a change in market sentiment. Hougan compared this situation to the Bitcoin market in 2024. Since the launch of the US spot Bitcoin ETF in January 2024, Wall Street funds, publicly traded companies (such as Strategy and Trump Media), and even some national governments have collectively purchased more than 1.5 million BTC, while only about 300,000 BTC were mined during the sa
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