Amber International Stock Plummets 6.7% After Bold Move: Adds SUI, XRP, BNB to $100M Reserve

Crypto shakeup rattles traditional markets as Amber International bets big on digital assets.

Wall Street whiplash: Investors dumped shares after the firm allocated reserves to three volatile tokens—proving once again that crypto moves faster than hedge fund due diligence.

The trifecta: SUI's smart contract potential, XRP's regulatory limbo, and BNB's exchange dominance now back 9 figures of corporate treasury. Because nothing says 'stable store of value' like assets that regularly swing 20% before lunch.

Closing thought: When your reserve strategy looks more like a degenerate's Coin portfolio, maybe reconsider calling it 'risk management.'

Placement mechanics and reserve mandate

CEO Wayne Huo said the reserve allows Amber Premium, the firm’s operating brand, to align with developers and liquidity venues on each blockchain while offering institutional clients broader hedging tools.

The program will publish periodic on-chain attestations that detail wallet balances and transfer history. 

Amber already trades and lends Bitcoin and ethereum on OTC desks. The additional assets extend those services to participants seeking diversification beyond the two largest digital assets.

Management expects the reserve to reach full deployment over several quarters, with allocation decisions based on network activity metrics and client demand patterns.

Market reaction

Amber International’s AMBR shares closed 6.7% lower at $8.60 on Nasdaq the same day the placement terms were released, leaving the company with roughly $779 million in equity value.

The share MOVE occurred as digital asset equities, such as Riot Platforms’ and Coinbase’s, fell broadly and did not demonstrate a direct link to the reserve announcement.

Yet, the decline in Amber shares was sharp, crashing 15% within 30 minutes after opening and one hour after the announcement that it WOULD add other altcoins to the treasury by diluting equity.