Republic Technologies disclosed an increase of 742.4 ETH, bringing the total holdings to 1,570.6 ETH

According to market news, Canadian listed company Republic Technologies has disclosed that it has increased its holdings by 742.4 ETH, bringing its total holdings to 1,570.6 ETH, with an average acquisition price of $2,700. The current market value of its holdings is approximately $5.27 million.

Republic stated that it will use ETH as an operational asset and has also withdrawn $10 million from its previously secured $100 million convertible note financing to further increase its ETH holdings.