Fitell (FTEL) Corporation has purchased and allocated to its corporate treasury 216.8M Pump.fun tokens, the native token powering the Pump.fun launchpad on Solana. This transaction represents the Company’s first direct purchase of PUMP tokens and reflects its continued strategic expansion within the Solana ecosystem. On October 1, 2025, Fitell purchased approximately 216.8M PUMP tokens for a total amount of $1.5M.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTEL:
- Fitell Corporation Allocates PUMP Tokens to Treasury, Strengthening Solana Ties
- Fitell intends to allocate PUMP tokens to corporate treasury
- Fitell Corporation Initiates Solana Treasury Strategy with $10 Million Purchase
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories
- Why Is Fitell Stock (FTEL) Down 13% Today?