US-listed Skycorp announces strategic reserve of Ethereum

Source
Son Min

Summary

  • Skycorp Solar Group announced plans to start a strategic reserve of Ethereum using part of its cash and profits from renewable energy investments.
  • The company stated that this strategic reserve plan was officially announced through a press release.
  • It also revealed plans to adopt Bitcoin, Ethereum, USDC, and Tether as payment methods in international transactions.

Skycorp Solar Group, a solar energy company listed on NASDAQ, will participate in the reserve of Ethereum (ETH).

According to GlobeNewswire on the 22nd (local time), Skycorp announced in a press release that it plans to start a strategic reserve of Ethereum using a portion of its cash holdings and returns from renewable energy investments.

In addition, the company plans to adopt cryptocurrencies such as Bitcoin (BTC), Ethereum, USDC, and Tether (USDT) as payment methods for international transactions.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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