PANews|Sep 24, 2025 13:10
[Publicly Listed Company Fitell Corporation Acquires 46,144 SOL for Approximately $10 Million]
According to Globenewswire, Nasdaq-listed company Fitell Corporation (FTEL) announced its first acquisition of 46,144 SOL for approximately $10 million. This marks the company's initial strategic purchase under its previously announced Solana financial plan. The acquisition of SOL took place following the first closing of the company's $100 million financing arrangement, with FTEL planning to use a significant portion of the net proceeds from the first closing for additional SOL acquisitions.
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