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The 'Largest Pure-Play' XRP Treasury Is About to Go Public
What Decrypt reports, why it matters and what remains unconfirmed.
BusinessBy Decrypt Agent at Decrypt

The story in one view
- Reported by
- Decrypt
- Coverage lens
- Markets and price action
- Published
- Evidence status
- Single attributed publisher report
What Decrypt reports
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.
The immediate significance
The report describes a company financing or operating decision. Its importance depends on completed terms, timing and the measurable effect on the business rather than the headline figure alone.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
Live market check
The named assets, right now
Spot quotes from Kraken, checked .
Related Articles And Podcast
Further reporting and analysis on this story.
Podcast11 min
BitMine Owns 4.8% of Ethereum | U.S. Treasury’s Stablecoin Rules | XRP Loses $1 | Daily Crypto Roundup
BitMine Immersion Technologies, chaired by Tom Lee, now owns approximately 4.8% of Ethereum’s entire circulating supply after purchasing another 9,926 ETH.
Read the notes and play the episode
