Publicly listed company Fitell Corporation spends $10 million to purchase 46,144 SOL.
On September 24, Nasdaq-listed company Fitell Corporation (FTEL) announced its first strategic acquisition of 46,144 SOL for approximately $10 million, under the previously announced Solana financial plan. It is reported that this SOL acquisition was made following the initial closing under the company’s $100 million financing arrangement. FTEL plans to use a significant portion of the net proceeds from the initial closing for additional SOL acquisitions.
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