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The Solana treasury company's Holdings have exceeded 2 million SOL, raising another 400 million USD in Q3 to continue purchasing.

[Chain News] There is another major development in the Solana ecosystem. The treasury company Sharps Technology, focused on SOL, just released its Q3 financial report, and the data is quite explosive—by the end of October, they held over 2 million SOL. This scale is considered a Heavy Position among institutions.

The balance sheet for the third quarter looks great: staking rewards plus unrealized gains on digital assets totaled $17.7 million. What's even more impressive is that they completed $411 million in financing in Q3, clearly indicating their intention to continue buying and hoarding SOL.

This level of continuous accumulation somewhat reflects institutions' confidence in the long-term value of Solana. The strategy of treasury-type companies relies on hoarding coins and staking yields to become friends with time, and it seems that Sharps is getting deeper down this path.

SOL-3.3%
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GasFeeCrybabyvip
· 9h ago
200万枚SOL啊,这手笔...机构们真的在下注了,有点慌
Reply0
ThesisInvestorvip
· 9h ago
2 million SOL, this pace is a bit intense... Institutions are betting on the long-term narrative of SOL.
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CommunityJanitorvip
· 9h ago
2 million SOL directly smashed in, this pace is indeed fierce. But speaking of which, these institutions really dare to gamble, with 400 million in financing continuing to scoop up... They must be very optimistic about SOL to do this.
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AirdropAutomatonvip
· 9h ago
2 million SOL, the institutions are betting that Solana is going to turn things around.
View OriginalReply0
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