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Torrent Capital Ltd ( (TSE:TORR) ) just unveiled an update.
Torrent Capital Ltd. has sold its remaining holdings in Solana (SOL), realizing approximately $12.4 million CAD in gross proceeds. This strategic move enhances Torrent’s cash position and aligns with its disciplined approach to optimizing shareholder value through timely investment decisions. The company retains some exposure to Solana through option contracts and plans to use the proceeds to explore new investment opportunities that fit its long-term strategy.
More about Torrent Capital Ltd
Torrent Capital Ltd. is a publicly traded investment issuer that actively manages a portfolio of public equities, digital assets, and private investments. The company focuses on investing in companies poised for accelerated growth or trading at a discount to their intrinsic value, offering investors the potential for above-market returns with transparency, daily liquidity, and a modest fee profile.
Average Trading Volume: 14,631
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$21.71M
For an in-depth examination of TORR stock, go to TipRanks’ Overview page.