Everything Blockchain Inc. (EBZT) announced a $10 million investment in a diversified cryptocurrency portfolio on an unspecified date. This strategic move marks EBZT as the first publicly listed company to establish a multi-token staking treasury. (Source: Everything Blockchain Inc. Official Website)
The investment is spread across five cryptocurrencies: XRP, Solana (SOL), SUI, Hyperliquid (HYPE), and Bittensor (TAO). The company aims to generate approximately $1 million annually in staking rewards based on current network rates. (Source: Everything Blockchain Inc. Official Website)
EBZT plans to reinvest rewards into staking and distribute a portion to shareholders. This strategy aims to create an active income stream from its crypto holdings. (Source: Everything Blockchain Inc. Official Website)