Republic Technologies increased its holdings by 742.4 ETH, bringing its total holdings to 1,570.6 ETH.

Odaily Planet Daily reports that Canadian listed company Republic Technologies has disclosed it has increased its holdings of ETH by 742.4, bringing its total holdings to 1,570.6, at an average acquisition price of $2,700 per coin, with a current market value of approximately $5.27 million. Republic stated it will use ETH as an operating asset and has drawn $10 million from a previous $100 million secured convertible note financing facility to further increase its ETH holdings. (Businesswire)