reAlpha Plans to Allocate up to 25% of Excess Cash to Cryptocurrency Purchases
reAlpha Tech Corp. (AIRE)
Company Research
Source: GlobeNewswire
DUBLIN, Ohio, Dec. 19, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced that its board of directors has approved an investment policy for the purchase of cryptocurrencies and to adopt Bitcoin, Ethereum and Solana (collectively, the “cryptocurrencies”) as reAlpha’s primary treasury reserve assets. The Company plans to allocate up to 25% of its cash in excess of its estimated 6-month period operating expenses, if any, towards cryptocurrency purchases, subject to market conditions and actual operating needs of the Company, reflecting the Company’s commitment to innovative capital management and diversification strategies. Cryptocurrencies are recognized as a decentralized store of value, and the decision to adopt cryptocurrencies as reAlpha’s primary treasury reserve assets is part of its strategy to diversify its trea
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News
- reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs [Yahoo! Finance]Yahoo! Finance
- reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation ProgramsGlobeNewswire
- reAlpha Plans to Allocate up to 25% of Excess Cash to Cryptocurrency Purchases [Yahoo! Finance]Yahoo! Finance
- reAlpha Acquires USRealty and Invests in Unreal Estate to Gain Ability to Expand into 33 U.S. States [Yahoo! Finance]Yahoo! Finance
- reAlpha Acquires USRealty and Invests in Unreal Estate to Gain Ability to Expand into 33 U.S. StatesGlobeNewswire
AIRE
Sec Filings
- 12/19/24 - Form 424B3
- 12/19/24 - Form 424B3
- 12/19/24 - Form 8-K
- AIRE's page on the SEC website