By Vuk Martin In 2020, everyone watched Strategy (called Microstrategy back then) scoop up Bitcoin and turn corporate crypto treasuries into a mainstream story. Now, a new wave is forming. And it’s centered on Solana. Dozens of companies are holding SOL as a bet on price. Except they’re not just holding. They’re building what’s being […]
Tag: DFDV
By Marco Piccolo Key highlights: DeFi Development Corp. purchased 407,247 SOL for $77 million, raising its total Solana holdings to 1.83 million tokens. The acquisition was funded by a recent equity raise, with over $40 million in proceeds remaining for future SOL purchases. Institutional momentum toward Solana grows, with Galaxy Digital and Pantera Capital planning […]
By Marco Piccolo Key highlights: BIT Mining announces strategic expansion into the Solana ecosystem, marking a shift from its traditional Bitcoin-centric operations. The company plans to raise between $200 million and $300 million to build a substantial SOL treasury. BIT Mining will convert its existing crypto holdings into SOL and operate validator nodes to generate […]