VivoPower International (VVPR) announced that its subsidiary, Tembo e-LV will commence accepting payments for deposits and orders in Bitcoin (BTC), Ripple (XRP), and Dogecoin (DOGE). The primary rationale is to provide customers and partners with added flexibility as to how to pay Tembo for goods and services provided. With instantaneous settlement, it has the potential to shorten the working capital cycle for the Company. VivoPower will incorporate these selected digital assets into its corporate treasury management strategy. The company’s treasury may elect hold a portion of its reserves in Bitcoin, XRP, and/or Dogecoin, subject to ongoing market assessments and risk management considerations.
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