SRx Health (SRXH) to create subsidiary to borrow Crypto

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SRx Health Solutions Announces Intention to Create Subsidiary for Crypto-Based Borrowing

May 9, 2025 9:49 AM EDT

TAMPA, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the Company), a leading global health and wellness company, today announced its intention to create a subsidiary to borrow Solana, Bitcoin, and other cryptocurrencies to borrow against its Halo assets to provide more financial flexibility to operate its business units.

Adesh Vora, Chairman of SRx Health Solutions, commented, Our intention to create a new crypto-based borrowing subsidiary would take in Solana and/or Bitcoin, for example, in exchange for a portion of Halo profits, the Companys North... More