A California Firm’s Stock Soars 150% After Announcing XRP Treasury Plan
BeInCrypto
23-07-2025 17:21:00
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Nature’s Miracle Holding Inc. (OTCQB: NMHI) surged more than 150% on Wednesday after revealing plans to allocate up to $20 million of its corporate treasury into XRP.
The California-based controlled environment agriculture (CEA) firm announced the move early July 23, triggering a sharp rally in its stock.
US Public Companies Start Buying XRP
Nature’s Miracle shares climbed from around $0.04 to over $0.14 at the time of reporting, marking its highest single-day percentage gain in 2025.
In its press release, the company said the XRP reserve will be funded through a registered equity financing agreement with GHS Investments.
Nature’s Miracle Stock Price Chart. Source: Google Finance
The firm plans to hold XRP long-term while leveraging staking strategies to generate yield. CEO James Li cited favorable regulatory changes, including the GENIUS Act, as key to their decision.
The announcement positions Nature’s Miracle among the first publicly traded AgTech firms to adopt XRP in a strategic financial role.
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