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SRx Health Solutions Plans new Subsidiary to Borrow Cryptocurrencies Against Halo Assets
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SRx Health Solutions Plans new Subsidiary to Borrow Cryptocurrencies Against Halo Assets
May 26, 2025 5:09 AM

10:16 AM EDT, 05/09/2025 (MT Newswires) -- SRx Health Solutions ( SRXH ) shares were up 48% in recent Friday trading after the company said it intends to form a subsidiary to borrow cryptocurrencies, like Bitcoin, against its Halo assets.

The company said this decision is expected to offer enhanced financial flexibility to operate its business units.

"Global investors would be able to deposit their cryptocurrency within the newly created unit backed by the assets and profits of the HALO brand," said SRx Health chairman Adesh Vora in a statement.

Price: 0.86, Change: +0.33, Percent Change: +62.64

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