The listed company Fitell Corporation invested 10 million dollars to purchase 46,144 SOL

2025-09-24 20:57:49

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ChainCatcher news, according to GlobeNewswire, Nasdaq-listed Fitell Corporation (FTEL) announced its first strategic acquisition of approximately 10 million dollars for 46,144 SOL, which is the first strategic acquisition under the company's previously announced Solana financial plan.

It is reported that this acquisition of SOL was conducted after the first settlement under the company's 100 million dollar financing arrangement, and FTEL plans to use a significant portion of the net proceeds from the first settlement for additional SOL acquisitions.

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