Worksport Shares Surge After $5 Million Crypto Allocation, Dealer Growth

MT Newswires Live

2024/12/14

Worksport (WKSP) shares were surging over 19% in recent trading on Friday after the company said it is allocating up to $5 million in Bitcoin and Ripple to diversify its corporate treasury.

The allocation is capped at 10% of excess cash, according to the company.

Worksport also said that the company's dealer network grew by 117% since September and that it received pre-orders for the upcoming AL4 tonneau cover from two US distributors.

Price: 1.06, Change: +0.17, Percent Change: +19.11

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