The listed company splurges 18.4 million dollars to increase its SOL open interest to over 1.29 million pieces.

robot
Abstract generation in progress

Recently, a publicly listed company significantly increased its Crypto Assets. The company purchased 110,466 SOL Tokens at an average price of $166.61 each, with a total investment amounting to $18.4 million. After this increase, the company's current holdings of SOL Tokens and related assets reached approximately 1,293,562, representing a 9% rise compared to before, with a total market capitalization of around $209 million.

It is worth noting that the company's per share SOL holdings (SPS) have also risen to 0.0618, with a month-on-month rise of 7%. This data reflects the company's increased holding density of SOL Tokens.

The company stated that the newly purchased SOL Tokens will adopt a long-term holding strategy and plans to participate in staking to obtain additional returns. This decision demonstrates the company's confidence in the future development prospects of SOL Tokens, while also reflecting its business approach to maximize asset returns through methods such as staking.

The recent large-scale acquisition of SOL Tokens not only demonstrates the listed company's ongoing optimism towards the crypto assets market but also reflects an increasing preference among institutional investors for specific crypto assets. As more traditional financial institutions enter the crypto assets field, such large investment behaviors may become increasingly common, which will undoubtedly bring more capital inflow and attention to the crypto assets market.

SOL2.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
AirdropHunter007vip
· 11m ago
Keep pushing SOL, just saying I'm optimistic.
View OriginalReply0
GweiWatchervip
· 12h ago
Large funds are entering a position, hurry up!
View OriginalReply0
LiquidatedNotStirredvip
· 12h ago
It's all about the big pump.
View OriginalReply0
GhostAddressHuntervip
· 12h ago
Whale is buying again, optimistic about the market outlook.
View OriginalReply0
CrashHotlinevip
· 12h ago
He saw something I couldn't see.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)