Investing.com -- VivoPower International PLC (NASDAQ:VVPR) stock jumped 9% after announcing plans to acquire Ripple Labs shares as part of a strategic enhancement to its XRP-focused digital asset treasury strategy. The company has budgeted an initial $100 million to purchase privately held Ripple shares following a two-month due diligence period. These transactions are subject to final approval from Ripple’s executive management. VivoPower will also continue to directly acquire and hold XRP tokens alongside these share purchases. Based on current market prices, the $100 million Ripple share acquisition translates to an underlying exposure of approximately 211 million XRP tokens with a market value of $696 million. This strategy would effectively allow VivoPower to secure XRP tokens at an implied price of $0.47 per token, representing an 86% discount compared to buying XRP directly in the market. VivoPower will become the first publicly listed company in the United States providing shareholders with exposure to both Ripple shares and XRP tokens. The company will have full legal title to the Ripple shares purchased and will be recorded as a shareholder directly on Ripple’s cap table. "The opportunity to acquire Ripple shares and materially average down the acquisition price per XRP is in line with our objective of building a sustainable long-term treasury model that translates into substantial potential upside for shareholders," said Kevin Chin, Executive Chairman and CEO of VivoPower. To support its treasury strategy execution, VivoPower has engaged digital asset custodian and private market securities infrastructure providers, including BitGo and Nasdaq Private Market, LLC, which is Ripple’s preferred partner for transacting its shares. Ripple currently holds 41 billion XRP tokens valued at approximately $135 billion at current prices. The company also operates several business units including RLUSD stablecoin, digital assets prime broker Hidden Road, and digital asset custodians Metaco and Standard Custody & Trust Company. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With VVPR making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed VVPR alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including VVPR, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is VVPR poised for similar growth? Don't miss the opportunity to find out.

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