Skycorp Solar Group (NASDAQ: PN), a manufacturer of solar cables and connectors, announced the integration of cryptocurrency payments into their business operations starting August 1, 2025. The company will accept major cryptocurrencies including Bitcoin, Ethereum, USDC, and USDT for international transactions.
The company also revealed plans to invest part of its cash reserves and project returns in Ethereum (ETH) as part of its treasury management strategy. All crypto transactions will be processed through licensed RWS providers with blockchain forensics capabilities, ensuring compliance with MAS and FATF regulations.
Skycorp Solar Group (NASDAQ: PN), produttore di cavi e connettori solari, ha annunciato l’integrazione dei pagamenti in criptovalute nelle proprie operazioni commerciali a partire dal 1 agosto 2025. L’azienda accetterà le principali criptovalute, tra cui Bitcoin, Ethereum, USDC e USDT, per le transazioni internazionali.
La società ha inoltre svelato l’intenzione di investire parte delle sue riserve di liquidità e dei rendimenti dei progetti in Ethereum (ETH) come parte della strategia di gestione della tesoreria. Tutte le transazioni in criptovalute saranno elaborate tramite fornitori RWS autorizzati con capacità di analisi forense della blockchain, garantendo la conformità alle normative MAS e FATF.
Skycorp Solar Group (NASDAQ: PN), fabricante de cables y conectores solares, anunció la integración de pagos con criptomonedas en sus operaciones comerciales a partir del 1 de agosto de 2025. La empresa aceptará las principales criptomonedas, incluyendo Bitcoin, Ethereum, USDC y USDT, para transacciones internacionales.
La compañía también reveló planes para invertir parte de sus reservas de efectivo y los rendimientos de sus proyectos en Ethereum (ETH) como parte de su estrategia de gestión de tesorería. Todas las transacciones con criptomonedas serán procesadas a través de proveedores RWS autorizados con capacidades de análisis forense blockchain, asegurando el cumplimiento con las regulaciones MAS y FATF.
Skycorp Solar Group (NASDAQ: PN)는 태양광 케이블 및 커넥터 제조업체로, 2025년 8월 1일부터 암호화폐 결제를 비즈니스 운영에 통합한다고 발표했습니다. 회사는 국제 거래에 대해 비트코인, 이더리움, USDC, USDT 등 주요 암호화폐를 수락할 예정입니다.
또한 회사는 재무 관리 전략의 일환으로 현금 보유액과 프로젝트 수익의 일부를 이더리움(ETH)에 투자할 계획을 공개했습니다. 모든 암호화폐 거래는 MAS 및 FATF 규정을 준수하며 블록체인 포렌식 기능을 갖춘 허가된 RWS 제공업체를 통해 처리됩니다.
Skycorp Solar Group (NASDAQ : PN), fabricant de câbles et connecteurs solaires, a annoncé l’intégration des paiements en cryptomonnaies dans ses opérations commerciales à partir du 1er août 2025. L’entreprise acceptera les principales cryptomonnaies, notamment Bitcoin, Ethereum, USDC et USDT, pour les transactions internationales.
L’entreprise a également révélé son intention d’investir une partie de ses réserves de trésorerie et des revenus de ses projets dans Ethereum (ETH) dans le cadre de sa stratégie de gestion de trésorerie. Toutes les transactions en cryptomonnaies seront traitées par des prestataires RWS agréés disposant de capacités d’analyse forensique de la blockchain, garantissant la conformité aux réglementations MAS et FATF.
Skycorp Solar Group (NASDAQ: PN), ein Hersteller von Solarkabeln und Steckverbindern, gab bekannt, dass ab dem 1. August 2025 Kryptowährungszahlungen in ihre Geschäftstätigkeiten integriert werden. Das Unternehmen wird wichtige Kryptowährungen wie Bitcoin, Ethereum, USDC und USDT für internationale Transaktionen akzeptieren.
Das Unternehmen kündigte außerdem Pläne an, einen Teil seiner Barreserven und Projekterträge in Ethereum (ETH) im Rahmen seiner Treasury-Management-Strategie zu investieren. Alle Krypto-Transaktionen werden über lizenzierte RWS-Anbieter mit Blockchain-Forensik-Fähigkeiten abgewickelt, um die Einhaltung der MAS- und FATF-Vorschriften sicherzustellen.
Positive
- Expansion of payment options to include major cryptocurrencies for international transactions
- Strategic investment in Ethereum as part of treasury management
- Implementation of regulated payment processing through licensed providers
Negative
- Exposure to cryptocurrency market volatility through ETH investments
- Regulatory risks associated with crypto adoption despite compliance measures
Ningbo, China – July 22, 2025 – Skycorp Solar Group Limited (NASDAQ:PN), a top provider of solar photovoltaic solutions and a leading manufacturer of solar cables and connectors, today shared its plan to accept cryptocurrency for international payments. This new policy takes effect on August 1, 2025.
Skycorp Solar Group will begin accepting prominent digital currencies such as Bitcoin (BTC) and Ethereum (ETH), alongside stablecoins like USDC and USDT, to streamline global transactions.
In addition to this payment option, the company intends to allocate a portion of its cash reserves and the returns from renewable energy ventures toward acquiring Ethereum (ETH). This strategic move will be a component of their digital asset treasury management program designed for long-term growth.
Weiqi Huang, Chairman and CEO of Skycorp Solar Group, stated, “By integrating sustainable energy with artificial intelligence and Ethereum blockchain technologies, our company is innovating solutions for a greener future.” Huang further commented, “The recent GENIUS Act lays a regulatory foundation, which is key for the stability and trust needed to easily adopt digital payments. We believe that investing in both clean energy infrastructure and Ethereum staking aligns with our vision for long-term growth.”
To maintain top-tier regulatory standards and protect transaction integrity, all cryptocurrency payments will be handled by licensed RWS providers specialized in blockchain analysis. These transactions will adhere strictly to the regulatory guidelines set by both the Monetary Authority of Singapore (MAS) and the Financial Action Task Force (FATF).
Skycorp Solar Group remains dedicated to offering innovative, secure, and sustainable energy alternatives while also incorporating cutting-edge technologies to boost operational efficiency and global accessibility.
About Skycorp Solar Group Limited
Skycorp Solar Group Limited focuses on producing and selling solar cables and connectors, thereby providing comprehensive solar photovoltaic (PV) products. Our operations are primarily managed through our Chinese subsidiary, Ningbo Skycorp Solar Co., Ltd.
Our company’s goal is to become a prime supplier of green energy solutions by harnessing solar power and providing eco-friendly solar PV products. We aim to broaden our range of solar PV products and energy solutions for enterprise customers by leveraging our solar technology expertise and our relationships with clients worldwide. Discover more at: https://ir.skycorp.com/.
Forward-Looking Statement
This release includes statements about future expectations. These are considered forward-looking statements. Such statements discuss plans, targets, objectives, strategies, future events, projected performance, underlying assumptions, and other statements that are not strictly historical. The use of words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan,” or similar expressions denotes forward-looking statements. These statements are not guarantees of future performance and involve various risks and uncertainties. These risks could cause actual results to deviate significantly from the company’s expectations as described in these statements. These risks include, but aren’t limited to, factors listed in the “Risk Factors” section within the company’s SEC registration filings. Investors are therefore cautioned against placing undue reliance on any forward-looking statements found within this press release. Further details regarding potential risks are available within the company’s SEC filings, accessible for review at www.sec.gov. The company does not undertake any obligation to revise these forward-looking statements publicly to reflect events or changes in circumstances occurring after the release date.
For more information, please contact:
Skycorp Solar Group Limited
Cathy Li
Investor Relations
Email: ir@skycorp.com
Tel: +86 185 0252 9641 (CN)
WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
FAQ
When will Skycorp Solar Group (NASDAQ: PN) start accepting cryptocurrency payments?
Skycorp Solar Group will begin accepting cryptocurrency payments on August 1, 2025.
Which cryptocurrencies will Skycorp Solar Group (NASDAQ: PN) accept for payments?
The company will accept Bitcoin (BTC), Ethereum (ETH), and stablecoins including USDC and USDT.
How will Skycorp Solar Group (NASDAQ: PN) ensure crypto payment security?
The company will process all digital currency payments through licensed RWS providers specializing in blockchain forensics, ensuring compliance with MAS and FATF regulations.
What is Skycorp Solar Group’s (NASDAQ: PN) cryptocurrency investment strategy?
The company plans to allocate part of its cash reserves and renewable energy project returns to strategic Ethereum (ETH) investments as part of its treasury management program.
How does cryptocurrency adoption align with Skycorp Solar’s business model?
The integration combines green energy, AI, and ETH-based blockchain solutions to support operational excellence and global accessibility while maintaining their focus on sustainable energy solutions.