Publicly listed company Fitell Corporation spends $10 million to purchase 46,144 SOL.
On September 24, Nasdaq-listed company Fitell Corporation (FTEL) announced its first strategic acquisition of 46,144 SOL for approximately $10 million, under the previously announced Solana financial plan. It is reported that this SOL acquisition was made following the initial closing under the company’s $100 million financing arrangement. FTEL plans to use a significant portion of the net proceeds from the initial closing for additional SOL acquisitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,886, the cumulative long liquidation intensity on major CEXs will reach $1.206 billions
All three major U.S. stock indexes closed higher, with Intel rising over 10%.
