🚨 THE 473M XRP HEADLINE ISN’T THE REAL STORY.
$XRP just delivered something it had never done before:
🟢 July: +2%
🟢 August: +30%
🟢 September: +7.95%
🔥 Q3: +43%+
Now Q4 brings a completely different test.
Evernorth expects to begin Nasdaq trading under $XRPN on Oct. 8, with roughly 473M XRP expected at closing.
But here’s the part most headlines are missing 👇
❌ 473M XRP does NOT mean 473M XRP was freshly purchased.
SEC filings indicate:
• 84.37M XRP bought with $214M cash
• Average purchase price: $2.5366
• Roughly 389M XRP came through contributions/subscriptions
At around $1.52 XRP, that treasury would be worth approximately $719M.
So Oct. 8 creates a much more interesting market test:
📌 What premium or discount will investors place on $XRPN versus the XRP it holds?
📌 Can Evernorth increase XRP per share over time?
📌 How much dilution will shareholders face?
That’s the metric I’m watching.
Not the 473M headline.
The value per share. 👀
$XRP $XRPN
DYOR. Verify closing, Nasdaq commencement, NAV and dilution figures as they update.
#XRP #XRPN #Evernorth #Ripple #Crypto #XRPArmy
$XRP just delivered something it had never done before:
🟢 July: +2%
🟢 August: +30%
🟢 September: +7.95%
🔥 Q3: +43%+
Now Q4 brings a completely different test.
Evernorth expects to begin Nasdaq trading under $XRPN on Oct. 8, with roughly 473M XRP expected at closing.
But here’s the part most headlines are missing 👇
❌ 473M XRP does NOT mean 473M XRP was freshly purchased.
SEC filings indicate:
• 84.37M XRP bought with $214M cash
• Average purchase price: $2.5366
• Roughly 389M XRP came through contributions/subscriptions
At around $1.52 XRP, that treasury would be worth approximately $719M.
So Oct. 8 creates a much more interesting market test:
📌 What premium or discount will investors place on $XRPN versus the XRP it holds?
📌 Can Evernorth increase XRP per share over time?
📌 How much dilution will shareholders face?
That’s the metric I’m watching.
Not the 473M headline.
The value per share. 👀
$XRP $XRPN
DYOR. Verify closing, Nasdaq commencement, NAV and dilution figures as they update.
#XRP #XRPN #Evernorth #Ripple #Crypto #XRPArmy
