08:36 AM EST, 12/06/2024 (MT Newswires) -- Realbotix ( XBOTF ) , a maker of humanoid robots, on Friday said it maintains a major portion of its treasury in staked and unstaked cryptocurrency assets which increased by a weighted average of 52% since Nov 1.

Cash, cash equivalents, and cryptocurrency holdings of the company had a value of about US$15.3 million or $21.5 million as of Dec 5.

"The company remains well-capitalized with cryptocurrencies that have performed strongly in November and thus far in December. We remain firm believers in the crypto ecosystem," said Realbotix ( XBOTF ) Chief Executive Andrew Kiguel.

The company said that several of its crypto domain names, and a portion of assets in Ethereum and Solana that are held by Genesis Global Trading are carried at zero value on the company's balance sheet.

Realbotix ( XBOTF ) may strategically buy or sell more cryptocurrency holdings depending on its needs and market conditions, the company said.

Shares of the company rose 10% on Thursday on the TSX Venture Exchange.