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iSpecimen Inc is moving forward with its $200 million crypto treasury plan to buy SOL

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2025-09-05 02:18:52
Biosample sourcing company iSpecimen Inc. (ISPC) said it is evaluating investment proposals from multiple cryptocurrency companies to advance its $200 million crypto treasury plan. It is simultaneously advancing the SOL-based treasury project to purchase SOL over the counter, including buying lock-up SOL with transfer restrictions.
Robert Lim, CEO of iSpecimen Inc., said that while the acquisition of the hedged SOL is attractive, other opportunities are still being explored. iSpecimen plans to use a buy-and-hold strategy to fund the crypto treasury through regular fundraising, and will pledge the SOL for proceeds.
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