Republic Technologies increased its holdings by 742.4 ETH, bringing the total holdings to 1570.6 ETH
According to a report by Businesswire, Canadian listed company Republic Technologies disclosed that it has increased its holdings by 742.4 ETH, bringing its total holdings to 1,570.6 ETH, with an average acquisition price of $2,700. The current market value of the holdings is approximately $5.27 million.
Republic stated that it will use ETH as an operational asset and has also withdrawn $10 million from its previously secured $100 million convertible note financing to further expand its ETH holdings.
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