Arrive AI to accept and pay in bitcoin as part of crypto strategy

INDIANAPOLIS - Arrive AI (NASDAQ:ARAI), an autonomous delivery network company with a market capitalization of $198 million, announced Monday plans to implement Bitcoin cryptocurrency as a payment option for vendors, clients and employees who prefer it over traditional currency. According to InvestingPro data, the company’s stock has experienced significant volatility, declining nearly 55% over the past six months.

CEO Dan O’Toole will be the first employee to receive compensation in cryptocurrency, according to the company’s press release statement. The initiative follows cryptocurrency strategy models established by other companies like Micro Strategies. While the company maintains a healthy current ratio of 1.62, InvestingPro analysis indicates challenges with profitability, reporting a net loss in the last twelve months.

The company is also considering keeping cash holdings in Bitcoin and potentially creating its own token called "Arrive Coin" for use across its ecosystem, which would include paying employees, rewarding customers, and settling vendor contracts.

"We think cryptocurrency is a better way to pay, and as we continue to expand our footprint globally, we think our associates will be happy to have this option," O’Toole said.

Arrive AI cites a 2024 Deloitte survey showing more than 6,000 U.S. businesses accept bitcoin as payment. The company also referenced a Q2 2025 North American CFO Signals survey indicating 99 percent of CFOs from companies with at least $1 billion in revenues envision using cryptocurrency for business functions long-term.

The company states it is currently tripling its staff to add artificial intelligence scientists and other technical roles. Arrive AI suggests offering cryptocurrency compensation could help attract and retain talent in the competitive AI space.

Arrive AI’s autonomous last mile delivery platform uses AI-powered technology to enable secure delivery via drones, ground robots or human couriers. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 12 additional ProTips and detailed financial metrics in its Pro Research Report, helping you make informed investment decisions in the rapidly evolving autonomous delivery sector.

In other recent news, Arrive AI reported its Q2 2025 earnings, showing a net loss of $4.69 million. This represents a significant increase in losses compared to the $1.46 million loss in the same quarter last year. The company’s cash balance rose to $607,000, thanks in part to a $40 million structured capital line from Streeterville Capital. In addition to financial updates, Arrive AI announced it has secured its ninth U.S. patent for its AI-powered smart mailbox. This new patent covers a docking station for drones, robots, and human access, aiming to enhance security against tampering and weather damage. These developments reflect ongoing efforts by Arrive AI to bolster its technological capabilities amid financial challenges.

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