SRx Health Solutions Further Diversifies Treasury Strategy with Purchase of Ethereum
SRx Health Solutions (NYSE: SRXH) has announced a strategic shift in its cryptocurrency portfolio by selling $1.5 million worth of Solana (SOL) tokens and purchasing Ethereum (ETH). The company's Chairman, Adesh Vora, confirmed their commitment to maintaining cryptocurrency investments as part of their treasury strategy, aiming to create long-term value for shareholders through portfolio diversification.
SRx Health Solutions (NYSE: SRXH) ha annunciato un cambiamento strategico nel suo portafoglio di criptovalute, vendendo token Solana (SOL) per un valore di 1,5 milioni di dollari e acquistando Ethereum (ETH). Il Presidente dell'azienda, Adesh Vora, ha confermato il loro impegno a mantenere gli investimenti in criptovalute come parte della strategia di tesoreria, con l'obiettivo di creare valore a lungo termine per gli azionisti attraverso la diversificazione del portafoglio.
SRx Health Solutions (NYSE: SRXH) ha anunciado un cambio estratégico en su cartera de criptomonedas, vendiendo tokens de Solana (SOL) por valor de 1,5 millones de dólares y comprando Ethereum (ETH). El presidente de la compañía, Adesh Vora, confirmó su compromiso de mantener las inversiones en criptomonedas como parte de su estrategia de tesorería, con el objetivo de generar valor a largo plazo para los accionistas mediante la diversificación del portafolio.
SRx Health Solutions (NYSE: SRXH)는 암호화폐 포트폴리오에서 전략적 변화를 발표하며, 150만 달러 상당의 솔라나(SOL) 토큰을 매도하고 이더리움(ETH)을 매수했습니다. 회사의 회장 아데시 보라(Adesh Vora)는 암호화폐 투자를 자금 관리 전략의 일부로 유지하겠다는 의지를 확인하며, 포트폴리오 다각화를 통해 주주들에게 장기적인 가치를 창출하는 것을 목표로 하고 있다고 밝혔습니다.
SRx Health Solutions (NYSE : SRXH) a annoncé un changement stratégique dans son portefeuille de cryptomonnaies en vendant pour 1,5 million de dollars de tokens Solana (SOL) et en achetant Ethereum (ETH). Le président de la société, Adesh Vora, a confirmé leur engagement à maintenir les investissements en cryptomonnaies dans le cadre de leur stratégie de trésorerie, visant à créer une valeur à long terme pour les actionnaires grâce à la diversification du portefeuille.
SRx Health Solutions (NYSE: SRXH) hat eine strategische Neuausrichtung seines Kryptowährungsportfolios bekanntgegeben, indem es Solana (SOL)-Token im Wert von 1,5 Millionen US-Dollar verkauft und Ethereum (ETH) erworben hat. Der Vorsitzende des Unternehmens, Adesh Vora, bestätigte das Engagement, Kryptowährungsinvestitionen als Teil der Treasury-Strategie beizubehalten, mit dem Ziel, durch Portfolio-Diversifikation langfristigen Wert für die Aktionäre zu schaffen.
- Strategic diversification of treasury assets into Ethereum, a more established cryptocurrency
- Liquidation of $1.5 million in Solana tokens, showing active portfolio management
- Exposure to cryptocurrency market volatility and regulatory risks
- Capital allocation to volatile digital assets instead of core business operations
TAMPA, Fla., May 16, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”), a leading global health and wellness company, today announced further diversifying its treasury strategy with the purchase of Ethereum (ETH). The Company has sold its ownership of
“We will actively continue to allocate a portion of our capital to invest in cryptocurrencies as a diversification of our assets to create long-term value for our shareholders,” commented Adesh Vora Chairman of SRx Health Solutions.
About SRx Health Solutions, Inc.
SRx Health Solutions Inc. is an integrated Canadian healthcare services provider that operates within the specialty healthcare industry. The SRx network extends across all ten Canadian provinces, making it one of the most accessible providers of comprehensive, integrated, and customized specialty healthcare services in the country. SRx combines years of industry knowledge, technology, and patient-centric focus to create strategies and solutions that consistently exceed client expectations and drive critical patient care initiatives aimed to improve the wellness of Canadians. For more information on SRx Health Solutions Inc., please visit www.srxhealth.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Company Contact:
SRx Health Solutions, Inc.
Adesh A. Vora, Chairman
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
T: 212-896-1254
Valter@KCSA.com
FAQ
Why did SRXH sell Solana and buy Ethereum in May 2025?
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