12.08.2025 04:29

VivoPower International, a Nasdaq-listed sustainable energy solutions provider, experienced a dramatic surge in its stock price on Friday, closing at US$5.94 (AU$9.10), a remarkable 52.3% increase. This significant jump followed the company's announcement of a substantial US$100 million (AU$153 million) investment in Ripple Labs equity.

The acquisition will involve purchasing shares directly from existing Ripple shareholders, pending final approval from Ripple's leadership. This strategic move builds upon previous statements regarding a treasury plan centered around XRP, Ripple’s native cryptocurrency.

Furthermore, VivoPower simultaneously declared a private placement raising US$121 million at a price exceeding the prevailing market rate. This capital injection, coupled with the Ripple investment, positions VivoPower for significant expansion and further strengthens its financial standing.

The substantial investment in Ripple Labs, along with the successful private placement, underscores VivoPower's bullish outlook and strategic commitment to the burgeoning cryptocurrency market, suggesting ambitious growth plans fueled by this significant capital influx. The market reacted enthusiastically to this news, clearly signaling strong investor confidence in the company's future. This development is likely to significantly impact the company’s profile and its position within both the renewable energy and cryptocurrency sectors.