Overview

• Caret Digital secured bulk discounts on additional proof‑of‑work rigs and is scaling operations to boost token output.
• VivoPower says it will continue exchanging mined assets into XRP, estimating an effective 65% discount based on current prices.
• The treasury plan pairs token swaps with planned purchases of privately held Ripple Labs equity to expand XRP-linked exposure.
• The company mines Bitcoin, Litecoin, and Dogecoin and uses OTC custody and trading partners, including BitGo, to manage conversions and holdings.
• Earlier steps in the pivot included a $121 million private placement and partnerships to generate yield on XRP, such as with Flare and Doppler Finance.