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