BBX: Evernorth code 'XRPN' lands on US stock market, Bitdeer sticks to zero position against the trend

BBX News: Last weekend, the global public market showed a highly strategic and penetrating dual track approach in the capital structure and commercial monetization model of cryptocurrency assets. The market has bid farewell to the blindly convergent asset allocation model, and listed companies are following their respective business genes to embark on a completely opposite yet logically rigorous path of advancement: Capital formation: Evernorth Holdings completed the SPAC merger with 473 million XRP positions and $300 million raised funds, and is scheduled to list on NASDAQ under the code "XRPN" on October 12th, ushering in the first era of pure XRP US stock treasury. Absolute cash out: Bitdeer (NASDAQ: $BTDR) produced 300.6 BTC per week and sold them all in the secondary market, relying on the iron fisted discipline of "zero holdings, immediate production and sale" to build a fiat cash wall that can withstand asset fluctuations. The market presents a clear dual evolutionary trend of "ecological treasury companies using SPAC tools to package large-scale non Bitcoin native assets into compliant US stock codes to siphon off Wall Street liquidity" and "heavy asset mining giants completely divesting of spot asset risks and focusing on converting physical computing power output into stable fiat cash flow". Source: bbx.com