​🚨 The 473M XRP headline is hiding the more important number...
​#XRPPostsFirstThreeGreenMonthsInQ3
$XRP just completed its first-ever three-month green Q3: +2% in July, +30% in August, and +7.95% in September — delivering more than 43% gains for the quarter!
​Now, Q4 kicks off with a completely different experiment.
​Evernorth expects to begin Nasdaq trading under the ticker XRPN on Oct. 8 (following shareholder approval), with approximately 473M XRP expected at closing.
​However, that does NOT mean 473M XRP was freshly bought:
​SEC filings show 84.37M XRP was purchased with $214M cash at an average price of $2.5366.
​Roughly 389M XRP came through contributions/subscriptions.
​At XRP’s current price of around $1.52, the stated treasury is valued at roughly $719M.
​So, Oct. 8 becomes a real market test:
​Will investors value XRPN above, around, or below the actual XRP it holds?
​Can Evernorth actually grow XRP per share without excessive dilution?
​That is the exact metric I am watching — not just the headline numbers.
​DYOR. Always verify closing dates, Nasdaq commencement, NAV, and dilution data as they update.
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