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05/02/26 05:17 UTC-04

Evernorth Plans to Invest $1 Billion in XRP, Inspired by Strategy

The management of U.S.-based company Evernorth Holdings plans to invest $1 billion in XRP (XRP), inspired by the example of employees at the largest bitcoin treasury firm, Strategy.

Evernorth was founded in October 2025 with a single goal: to enable individuals and legal entities to invest in XRP by purchasing securities whose circulation is strictly regulated by law. In particular, many pension funds and asset management institutions are unable to hold digital assets but are permitted to purchase shares of commercial companies.

As part of executing its plan, Evernorth has already purchased 388 million XRP at an average price of $2.44. However, according to data from CoinGecko, the company holds a larger amount on its balance sheet — 473.3 million tokens worth $684 million at the current price. According to CoinGecko, the company already owns 0.47% of the circulating supply of XRP.


Statistics on Evernorth’s reserves on the CoinGecko website.

As Happy Coin News has learned, Evernorth’s management does not intend to stop there and plans to increase the total amount invested in the cryptocurrency to $1 billion. In that case, the firm would own 694.4 million XRP, assuming the price of the cryptocurrency remains unchanged.

The company will receive the necessary funds following a merger with Armada Acquisition Corp II, which is expected to take place in the first quarter of 2026. The capital of the combined firms is expected to exceed $1 billion, including investments from the XRP issuer Ripple, the exchange Kraken, and other institutions.

See also: "Bitcoin and cryptocurrencies will now be included in IMF indicators"

#XRP (XRP) #Buy #Evernorth

Editor: Alyona Nabok
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