Overview

• Caret Digital, VivoPower’s mining unit, secured bulk discounts on additional rigs and plans to scale proof-of-work operations.
• VivoPower says it will convert mined tokens into XRP, targeting an effective discount of up to 65% at current market prices.
• The plan is part of a treasury approach centered on accumulating XRP exposure, including through purchases of Ripple Labs equity.
• Management states it will dynamically adjust allocations across mined assets, XRP holdings, and Ripple equity positions.
• The announcement includes forward-looking disclaimers that emphasize market, operational, and regulatory uncertainties.