XRP Treasury Company NMHI raised $2 million through a share placement

ChainCatcher news, according to PR Newswire, the US-listed company Nature's Miracle (NMHI), which has launched an XRP treasury program, announced that it has signed a $2 million convertible preferred stock investment agreement with an Asian private investment firm. The first tranche of $500,000 has been received, and the remaining $1.5 million is expected to be received by November 15, 2025.

The company had previously ventured into Bitcoin mining and announced in July this year the launch of a $20 million corporate XRP treasury program, which will use the proceeds from equity financing to purchase XRP and meet working capital needs.