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SOL Global Is On A Solana Buying Spree

December 9, 2024
x min read
SOL Global buying Solana
Mentioned:

SOL Global Investments is deepening their bet on the future of Solana. And they aren’t showing any signs of slowing down, either.

What’s happening:

  • SOL Global Investments (CSE: SOL) has purchased another $1.5M CAD of Solana tokens to hold directly as an asset

By the numbers:

  • SOL Global Investments now owns 17,028 Solana tokens
  • Currently, SOL Global Investments is staking 8,123 Solana tokens which earn 5.6% annually in yield

Why it matters:

  • Solana continues to come into focus as the next digital asset that is likely to follow Bitcoin and Ethereum into major adoption in the traditional public markets, with publicly listed companies starting to buy Solana and multiple spot Solana ETFs being applied for in the United States of America

Going deeper:

Disclaimer

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