Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Ranpak Holdings Corp (NYSE:PACK) disclosed a recent investment in Creapaper GmbH, a provider of grasspaper products. The financial terms of the financing were not disclosed.
- Hennef, Germany-based Creapaper uses a patented process to produce an alternative raw material for the paper and packaging industry that can be used in paper production instead of cellulose pulp made from wood or waste paper.
- Concurrently, Creapaper has completed financing round B with new investors, including Ranpak, JS Capital, Schusterman Family Investments, and Soros Capital.
- "Ranpak's strategic investment in Creapaper reflects our continued commitment to sustainability and the use of natural substrates to reduce plastic waste and carbon emissions," said Omar Asali, Chairman and CEO of Ranpak.
- Price Action: PACK shares are trading higher by 4.57% at $29.04 on the last check Tuesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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