Evernorth will book its XRP at historical cost minus impairments, per CryptoSlate. That means write-downs show up when prices fall, but are not reversed when $XRP recovers.
How should investors judge a crypto treasury stock like this?
A) By the market value of the coins it holds
B) By its reported book value, write-downs and all
C) By how much XRP it adds per share over time
💬 Drop your pick below.
#XRP #Evernorth
How should investors judge a crypto treasury stock like this?
A) By the market value of the coins it holds
B) By its reported book value, write-downs and all
C) By how much XRP it adds per share over time
💬 Drop your pick below.
#XRP #Evernorth