Companies continue to accumulate digital assets for the Ministry of Finance. It is a shift from Fitel Corporation in Australia, a company that currently specializes in gymnastics and selling fitness equipment.
This company has announced Acquisition of 226 million token Pump.funThe Memecoins platform Pump.fun’s governance token is built on the Solana network.
Fitell Corporation paid $1.5 million for this purchase. This is an investment that reflects confidence in Memecoins and the growth potential of Solana infrastructure.
The company has expressed optimism about Solana’s future. “We are increasingly participating in Solana’s growth trajectory, but diversifying our portfolio of digital assets to position us and exploiting the long-term growth opportunities of our shareholders.
On top of that, Fitell plans to change his name to Solana Australia Corporationreflecting the decision focused on integrating Solana Ecosystem’s key actor status. Last September, the company announced a $100 million investment to establish the Solana-based Corporate Treasury Department.
The company also has acquired SUN assets, including the US Bitgo Trust Company, Inc. It explained that it is protected by and maintains the infrastructure of the agency. The company expects to generate substantial returns by using these assets. Decentralized Finance Strategy (DEFI) and Derfolio derivatives optimize your portfolio.
In a broader context, interest in solana-based treasures grows rapidly. As reported by Cryptonoticias, 18 companies have adopted this strategy, accumulating 17 million suns, worth $4,250 million, as seen in the next graphics.
Forward Industries, a company focused on designing the healthcare and technology sector, will lead the sector with 6.8 million suns, followed by 2.14 million Sharp Technology and $2.14 million in development and development.
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