On September 24, Fitell Corporation (FTEL), a Nasdaq-listed company, announced its first acquisition of 46,144 SOLs for approximately $10 million, the first strategic acquisition under the company's previously announced Solana financial plan.
The SOL acquisition follows the first delivery under the company's $100 million financing arrangement, and FTEL plans to use a significant portion of the net proceeds from the first delivery for additional SOL acquisitions.
Listed company Fitell Corporation spends $10 million on 46,144 SOLs
2025-09-24 13:03:38
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