SRx Health Solutions Further Diversifies Treasury Strategy with Purchase of Bitcoin; Company to Form a Crypto Treasury Subsidiary with Plan to Partner with an Industry Leader
Rhea-AI Summary
SRx Health Solutions (NYSE: SRXH) has announced an expansion of its treasury strategy through Bitcoin acquisition. This follows the company's recent $1.5 million purchase of Solana (SOL) tokens. The company plans to allocate up to 10% of future cash flows and reserves into cryptocurrencies (Bitcoin and Solana) and precious metals (gold and silver). Additionally, SRXH is considering establishing a dedicated crypto treasury subsidiary or integrating it into their health platform through a potential industry partnership.
Positive
- Strategic diversification of treasury assets into cryptocurrencies and precious metals
- Clear allocation strategy of up to 10% of cash flows and reserves
- Recent completion of $1.5 million Solana token purchase demonstrates execution of strategy
- Potential for additional value creation through planned crypto treasury subsidiary
Negative
- Exposure to volatile cryptocurrency market risks
- Significant allocation of cash resources to speculative assets
- Deviation from core health and wellness business focus
News Market Reaction
On the day this news was published, SRXH declined 28.84%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TAMPA, Fla., May 15, 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 Bitcoin.
Last week, the Company announced it purchased
“We will actively continue to allocate a portion of our capital to invest in cryptocurrencies such as Solana and Bitcoin as we grow revenue and profits of our core business. We believe the diversification of our assets will enhance financial resilience and create long-term value for our shareholders,” commented Adesh Vora Chairman of SRx Health Solutions.
The Company is open to the creation of a crypto treasury strategy either as a separate subsidiary or as part of the SRx health and wellness platform with the right industry partner. For those interested in exploring a partnership opportunity for this strategy, please contact the Company directly.
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