SRx Health Solutions to start crypto-based borrowing plan, invests $1.5m in Solana

SRx Health Solutions, Inc. announced on Thursday that it intends to launch a new subsidiary focused on borrowing crypto.

These investments include cryptocurrencies like Solana (SOL) and Bitcoin (BTC), forming a key part of a wider strategy to utilize its current assets while investigating decentralized financial models.

According to the company, the proposed subsidiary would allow global investors to deposit cryptocurrency in exchange for a share of profits from SRxโ€™s North American Halo brand. SRx would then use the crypto capital to support Haloโ€™s sales and marketing operations, aiming to boost growth while avoiding equity dilution for shareholders.

โ€œThis is a conceptual plan, and we are very much looking forward to talking to the crypto community about how to achieve these goals,โ€ said SRx Chairman Adesh Vora in the announcement. โ€œOur goal is to create financial flexibility while preserving shareholder value.โ€

Solana purchaseย 

The move signals SRxโ€™s growing interest in digital assets. Earlier the same day, the company disclosed it had purchased approximately $1.5 million worth of Solana as part of the strategy/

Vora said SRx plans to continue investing in digital assets as the company grows and may also explore a crypto-based rewards program tied to its pharmacy offerings.

SRx Health Solutions operates as a specialty healthcare provider across Canada, offering integrated services and pharmaceutical solutions.ย 

The company said the diversification strategy is intended to enhance financial resilience and unlock long-term value for investors.

Source

CryptoX Portal

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