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$BTC RUMOR DEBUNKED: SBI Rejects $10B XRP Holding Claims
The speculation about a $10 billion XRP position has been officially dismissed. 🇯🇵
SBI Holdings clarified that it does not hold $10B worth of $XRP . CEO Yoshitaka Kitao addressed the rumors directly, confirming that the company’s exposure is through an approximate 9% equity stake in Ripple Labs — not through direct ownership of billions in XRP tokens.
That difference is important. Owning shares in Ripple is not the same as holding XRP itself.
In a market where narratives can move quickly, separating facts from speculation is crucial.
Was it simple misinformation — or a reflection of how reactive XRP-related headlines have become?
Follow Amna Hamza for the latest updates.
#XRP #Ripple #Crypto #AmnaHamza
The speculation about a $10 billion XRP position has been officially dismissed. 🇯🇵
SBI Holdings clarified that it does not hold $10B worth of $XRP . CEO Yoshitaka Kitao addressed the rumors directly, confirming that the company’s exposure is through an approximate 9% equity stake in Ripple Labs — not through direct ownership of billions in XRP tokens.
That difference is important. Owning shares in Ripple is not the same as holding XRP itself.
In a market where narratives can move quickly, separating facts from speculation is crucial.
Was it simple misinformation — or a reflection of how reactive XRP-related headlines have become?
Follow Amna Hamza for the latest updates.
#XRP #Ripple #Crypto #AmnaHamza
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