VivoPower International, a Nasdaq-listed B-Corp now pivoting to an XRP-centric treasury, said on September 16 it has structured its mining and treasury operations so that it can acquire the token “at up to a 65% discount” to prevailing market prices—by mining other proof-of-work assets and swapping those mined tokens.

VivoPower Doubles Down On XRP

The company’s digital-asset arm, Caret Digital, has secured bulk-purchase discounts for additional mining rigs and plans to expand operations, a move it says further improves its unit economics and lowers the effective cost basis of the tokens obtained via token swaps. “Mined tokens will be exchanged into XRP, delivering an effective 65% discount, based on current market prices,” the release states.

The mechanics, as described by VivoPower,

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