SOL Global Investments ( (TSE:SOL) ) has provided an announcement.
SOL Global Investments Corp. has increased its holdings of Solana tokens to a total of 40,350, following the acquisition of an additional 9,716 tokens at an average price of US$145 each. The company supports President Trump’s proposal for a US Crypto Reserve, which includes Solana, viewing it as a validation of blockchain’s role in the financial system. This move is seen as a significant step in integrating digital assets into the US financial framework, aligning with the global recognition of crypto as a critical asset class.
More about SOL Global Investments
SOL Global Investments Corp. is a pioneering company in institutional investment within the Solana ecosystem. As one of the first publicly traded companies globally focused on Solana investment, SOL Global aims to provide public exposure to the Solana blockchain through token acquisition, staking for yield generation, and investments in early-stage ventures built on Solana.
YTD Price Performance: -55.20%
Average Trading Volume: 183,363
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.41M
Learn more about SOL stock on TipRanks’ Stock Analysis page.