Luxxfolio Holdings Inc (TSE:LUXX) has released an update.
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Luxxfolio Holdings Inc. has announced its new cryptocurrency proof-of-stake strategy, aiming to capitalize on the top PoS coins like Ethereum and Solana to enhance shareholder value. The company plans to buy and sell these coins in line with bitcoin’s four-year cycle while also exploring decentralized finance opportunities. Alongside this strategy, Luxxfolio is launching a private placement offering to raise $1 million to support its crypto-centric initiatives.
For further insights into TSE:LUXX stock, check out TipRanks’ Stock Analysis page.
