First Bitcoin, Then Ethereum: Will Ripple's XRP Be the Next Target of the "Crypto Treasury" Strategy?

Simple ideas can be powerful. Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, has such an idea. In a nutshell, it issues new debt and new equity to raise capital for huge purchases of Bitcoin (CRYPTO: BTC), which it aims to hold for the long term, making it the first and largest "crypto treasury" company. Its shares are up by 173% in the last 12 months alone, exceeding Bitcoin's gain of 99%.Other businesses have copied Strategy's approach, and some are even doing it with Ethereum (CRYPTO: ETH). But could Ripple's XRP (CRYPTO: XRP) be next in line for corporate treasurers?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool