PA Daily | BNB breaks $1000 to set a new all-time high, market capitalization surpasses companies like BYD and Pfizer; APX personal holdings top address unrealized gains of $3.78 million overnight.

Today's news highlights:

The Federal Reserve cut interest rates by 25 basis points, and Powell stated that this was a risk management rate cut.

The first phase of the TGE for Binance Aspecta BuildKey mode is the project River (RIVER).

The market value of BNB has surpassed companies like BYD and Pfizer, rising to the 155th position globally.

The top 1 address for APX personal holdings, which has been held for three years, gained a floating profit of 3.783 million USD overnight.

BNB breaks through $1000, up 4.97% in the last 24 hours.

Bio Protocol has raised $6.9 million in funding, led by Maelstrom Fund.

DeFi Dev increased its holdings by 62,700 SOL, raising the treasury's holdings to 2,095,700 SOL.

Caldera has launched a strategic reserve specifically for ERA tokens, and has purchased an initial 3.9 million tokens.

Macroeconomics

Australian regulators relax regulatory requirements for stablecoin intermediaries.

According to Decrypt, the Australian Securities and Investments Commission (ASIC) has granted regulatory exemptions to stablecoin intermediaries, allowing them to distribute cryptocurrencies issued by Australian licensed entities without separately holding a financial services license. The exemption regulations announced on Thursday specify that intermediaries distributing stablecoins issued by holders of an Australian Financial Services (AFS) license do not need to apply for an AFS, market, or clearing facility license separately. This measure takes effect after registering with federal legislation and is an important step for Australia in addressing regulatory challenges in the stablecoin market. Steve Vallas, CEO of Blockchain APAC, stated that this move is a temporary transition before broader reforms, aligning with the Financial Services Act. The exemption does not change the determination of whether stablecoins are financial products; it merely “pauses the secondary licensing requirements for distributors of licensed issuers,” allowing distribution through licensed channels while maintaining issuer responsibility and requiring intermediaries to provide product disclosure statements to ensure transparency.

Hong Kong Monetary Authority cuts interest rates by 25 basis points

According to Jinsen's report, the Hong Kong Monetary Authority has lowered the benchmark interest rate by 25 basis points to 4.50%, and the Federal Reserve has cut rates by 25 basis points overnight.

Cryptocurrency platform Bullish's second-quarter profits exceeded Wall Street expectations.

According to CoinDesk, the digital asset trading platform Bullish announced its second-quarter earnings on Wednesday, with earnings per share exceeding analysts' average expectations, while also forecasting an increase in adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) for the next quarter. According to FactSet data, the platform's second-quarter earnings per share (EPS) was $0.93, exceeding the analysts' average expectation of $0.03. Bullish also reported adjusted revenue of $57 million for the second quarter, compared to expectations of $60.7 million. Bullish CEO Tom Farley stated that the company's business momentum is “strong” in the third quarter. The company's trading volume surged to $179.6 billion, up from $133 billion in the same period last year. For the next quarter, Bullish expects trading volume to be between $133 billion and $142 billion. The statement also noted that Bullish anticipates third-quarter adjusted Ebitda to be between $25 million and $28 million, compared to $8.1 million in the second quarter. This report is the company's first quarterly report since its listing on the New York Stock Exchange (NYSE) in August.

The SEC has approved a universal listing standard to expedite the approval of cryptocurrency ETFs.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved a set of listing standards for commodity-based trust shares, opening the door for the listing of digital assets without the need for individual approvals. On Wednesday, the relevant decision was detailed in SEC filings submitted by exchanges such as Nasdaq, NYSE Arca, and Cboe BZX. The decision will streamline the process under Rule 6c-11, significantly shortening the approval time that previously took months. SEC Chairman Paul Atkins stated that this move ensures that the U.S. capital markets are the best place for frontier innovation in digital assets, simplifying processes, lowering barriers, maximizing investor choices, and promoting innovation. The SEC indicated that to qualify for listing, a cryptocurrency spot ETF must hold a commodity that is either traded on a market belonging to a cross-market surveillance organization with monitoring authority, or is a futures contract subject that has been listed on a designated contract market for at least six months and has a surveillance sharing agreement; additionally, if the cryptocurrency is tracked by an ETF listed on a national securities exchange with at least 40% investment allocation, the cryptocurrency spot ETF may also qualify for listing; when an exchange seeks to list and trade a cryptocurrency exchange-traded product that does not meet the approved general listing standards, it must submit a rule application to the SEC.

Fed's Mouthpiece: The Federal Reserve has begun a moderate rate cut cycle, and there is significant divergence in future decision-making.

According to Jinshi reports, “Fed mouthpiece” Nick Timiraos stated that the Federal Reserve approved a 25 basis point rate cut on Wednesday local time, marking the first interest rate cut in the past nine months. Officials assess that the recent weakness in the labor market has outweighed the resistance posed by persistent inflation. Slightly more than half of the officials expect at least two more rate cuts this year, indicating possible consecutive actions during the remaining two meetings in October and December. This economic forecast summary suggests that the policy stance is shifting towards a broader concern about cracks in the labor market - the current environment is complicated by significant policy adjustments that make economic trends increasingly difficult to gauge. The predictive data indicates that future decisions may lead to greater divergence: among the 19 attending officials, 7 expect no further rate cuts this year, and another 2 only support one more cut. Most officials believe that with the current economic vitality remaining robust (even if slightly slowing), there is no need for significant further rate cuts next year. Federal Reserve officials have been debating throughout the year how to balance these contradictions. Powell's guidance towards the decision to cut rates is based on an assessment: inflation risks may be more manageable, and the Federal Reserve should bear more inflation risk to avoid deeper shocks to the labor market.

The Federal Reserve cut interest rates by 25 basis points, and Powell stated that this is a risk management rate cut.

According to a report from the Securities Times, at 2 a.m. Beijing time on September 18, the Federal Reserve announced a 25 basis point rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. Following the announcement of the rate decision, the market reacted sharply, with the three major U.S. stock indices initially surging before quickly diving, and the U.S. dollar index plummeting, briefly hitting a new low since 2025, before rebounding significantly, turning from a decline to an increase. The market's severe volatility was closely related to the monetary policy press conference held by Federal Reserve Chairman Jerome Powell shortly thereafter. He stated that a 50 basis point cut did not receive broad support and that there was no need for a rapid adjustment of rates, suggesting that today's move could be viewed as a risk management-style rate cut. This indicates that the Federal Reserve will not enter a sustained rate-cutting cycle. Powell reiterated that the Federal Reserve is firmly committed to maintaining its independence. Currently, there is no indication that market participants are factoring in risks to the Federal Reserve's independence. The latest released dot plot shows that the median expectation of Federal Reserve officials is for two more rate cuts (each by 25 basis points) within this year, which is one more than the prediction made in June. Additionally, Federal Reserve officials expect that after three rate cuts this year, there will be rate cuts of 25 basis points in both 2026 and 2027.

viewpoint

Bitwise CEO: In the next 6 to 12 months, the hot topics in the cryptocurrency space will focus on the credit and lending market.

Hunter Horsley, CEO of Bitwise, tweeted that over the next 6 to 12 months, the focus in the cryptocurrency space will shift towards credit and lending. This sector is expected to experience explosive growth in the coming years. He pointed out that the current cryptocurrency market capitalization is close to $4 trillion and continues to grow; when people can borrow against cryptocurrencies as collateral, they will choose to borrow rather than sell. Furthermore, the market capitalization of publicly traded stocks in the U.S. exceeds $60 trillion, and with the tokenization of assets, individuals holding $7,000 worth of stocks will be able to use on-chain methods for collateralized lending for the first time. Horsley believes that cryptocurrency is redefining capital markets, and this is just the beginning.

Zhao Changpeng: Remind cryptocurrency platforms to train employees not to download files carelessly and to strictly screen job applicants.

Binance founder Zhao Changpeng warned on the X platform: North Korean hackers use a variety of methods that pose significant threats. They may disguise themselves as job seekers, targeting positions in development, security, finance, etc., to seek “entry” opportunities; or impersonate employers, falsely claiming Zoom malfunctions during interviews, sending “update” links containing viruses, or sending “example code” through programming questions to control devices; or disguise themselves as users, sending virus-laden links through customer support requests; or even bribing employees or contractors to obtain data. Previously, a large outsourcing company in India was attacked, leading to the leakage of user data from a U.S. exchange, with asset losses exceeding $400 million. He reminded all cryptocurrency platforms to train employees not to download files casually and to strictly screen job applicants.

Project Updates

The first phase of the Binance Aspecta BuildKey model TGE project is River (RIVER).

Binance Wallet will exclusively launch the Aspecta BuildKey mode TGE, with the first phase going live for River (RIVER). Users are required to use Binance Alpha points to participate in the BuildKey subscription, which is available from September 19, 15:00 to 17:00, with trading time from September 19, 17:00 to September 22, 17:00. The TGE and BuildKey redemption time will be September 22, 17:00 (UTC+8). The token price will fluctuate dynamically based on the Bonding Curve, and the liquidity pool will be maintained for a period after the TGE, with potential liquidity decrease and redemption functionality available at any time.

Binance Alpha will launch Lombard (BARD), with the airdrop phase 1 threshold set at 215 points.

According to the official announcement, Binance Alpha will launch Lombard (BARD) at 18:00 Beijing time on September 18, 2025, and will initiate an airdrop event totaling 7.5 million BARD tokens. Eligible users can claim 100 BARD tokens each using Binance Alpha points on the event page. The event will be conducted in two phases: the first phase (the first 18 hours) requires holding at least 215 Alpha points; the second phase (the last 6 hours) lowers the threshold to 200 points, on a first-come, first-served basis.

The market value of BNB surpasses that of companies like BYD and Pfizer, rising to 155th place globally.

According to data from 8marketcap, BNB's market capitalization exceeds that of companies like BYD and Pfizer, ranking 155th in the global asset market capitalization.

Binance Wallet launches Astra Nova (RVV) Booster and presale event

Binance has announced two exclusive activities regarding the Astra Nova token RVV within the Binance Wallet, including the Booster event and the Pre-sale event (Pre-TGE). It is reported that the Booster event will distribute airdrop rewards of 550,000,000 RVV by completing phased tasks, accounting for 5.5% of the total supply; the Pre-sale event will allow eligible users to subscribe to tokens preferentially before RVV is listed for trading. The activities will start on September 18, 2025, Beijing time, and participants must hold at least 61 Binance Alpha points as Binance Wallet users to qualify.

Binance: The DeAgentAI (AIA) airdrop claim threshold is 200 Alpha points.

According to the official announcement, Binance Alpha will open DeAgentAI (AIA) trading on September 18 at 16:00 UTC+8. The contract trading will open on September 18, 2025, at 16:30 UTC+8. After the trading begins, users holding at least 200 Binance Alpha points can claim 240 AIA token airdrops. First come, first served. If the activity is not over, the score threshold will automatically decrease by 15 points every hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha activity page within 24 hours, otherwise, it will be considered a forfeiture of the airdrop.

Scroll updates the DAO reform governance process and objectives, aiming to complete the preparation work for the new structure by January 1 next year.

The Ethereum Layer 2 network Scroll has released an update regarding the evolution of its DAO, stating that it will not dissolve the DAO, but rather improve it to adapt to the rapidly growing phase. These changes will not pose protocol-level risks, and user funds remain secure. The goal of this governance reform is to create a DAO environment based on clear authorization that aligns more closely with Scroll's vision. Key structural changes proposed for the DAO include: 1. Foundation oversight, operational autonomy, with the DAO reporting to the Foundation; 2. Strategic resource allocation: DAO funds will be determined and allocated annually or biannually to ensure strategic and efficient use of resources; 3. Enhanced operational independence: The Foundation will withdraw from the daily operations of the DAO, instead supervising through an executive committee to ensure proposals align with Scroll's guidelines and retain veto power when necessary. Scroll plans to recruit members for the governance committee in the coming days and work with them to design new bylaws and governance models. These elements will be drafted into a proposal to solicit feedback from the DAO and conduct voting. The goal is to complete the preparations for the new framework before the voting cycle on January 1, 2026. During this transition phase, the community team will act as the DAO's POC. Previously, on September 11, news announced that ScrollDAO governance had declared a “pause,” with the leadership team collectively resigning.

Binance Alpha will launch Ark of Panda on September 19, (AOP)

According to official news, Binance Alpha will launch Ark of Panda (AOP) on September 19. Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after the Alpha trading opens. Further details will be announced separately.

There are pricing discrepancies on Polymarket, and arbitrageurs have profited over $40 million from it within a year.

According to Decrypt, a new academic paper points out that the prediction market platform Polymarket has systematic pricing biases, with arbitrageurs making over $40 million in profits within a year. The paper, titled “Unraveling Probability Forests: Arbitrage Opportunities in Prediction Markets,” analyzed data from April 2024 to April 2025 and found pricing errors in over 7,000 markets. The study identified two main arbitrage patterns: first, the sum of the 'yes/no' share prices in the same market deviates from the theoretical value of $1; second, logical associated markets (such as 'Trump winning' and 'Republican winning') show probability discrepancies. By simultaneously buying and selling related contracts, traders can achieve risk-free returns. Although arbitrage activities will ultimately bring market prices back to efficiency, the study indicates that pricing biases may persist for several hours. This phenomenon is not only present in Polymarket but also appears in regulated platforms such as Kalshi.

The NGP token of the New Gold Protocol was exploited, resulting in a loss of approximately $2 million.

According to monitoring by Shield, the NGP token of the New Gold Protocol was exploited, resulting in a loss of approximately $2 million. The NGP token plummeted by 88% within an hour, and the attacker has deposited the stolen funds (443.8 ETH) into TornadoCash.

Caldera has launched a strategic reserve specifically for ERA tokens, and has purchased an initial 3.9 million tokens.

The Caldera Foundation has announced the launch of the “Caldera Strategic Reserve”: this is a specially established ERA reserve aimed at supporting the long-term stable growth of the Caldera ecosystem. The reserve fund accumulates capital by converting various sources of liquidity into ERA tokens, including but not limited to corporate partnerships, on-chain and off-chain revenues, liquidity provision fees, and other additional funding channels. Currently, the foundation has begun accumulating ERA tokens in the initial phase and has purchased 3.9 million tokens that were previously traded on the open market, which have now been locked in the reserve fund. The foundation states that it has no plans for withdrawals, as this is a long-term commitment.

( Important Data

BNB broke through $1000, rising 4.97% in 24 hours.

According to Binance market data, BNB has surpassed 1000 US dollars, rising 4.97% in the last 24 hours, currently quoted at 999.78 US dollars.

A certain whale has deposited all of its 5000 ETH into Binance, and if sold, would make a profit of 5.08 million dollars.

According to Onchain Lens monitoring, a whale has deposited all of its 5000 ETH (worth approximately 22.84 million USD) into Binance, which could yield a total profit of 5.08 million USD if sold in full.

A certain whale withdrew ETH worth $70.44 million from Binance in the last 2 hours.

According to Lookonchain monitoring, in the past two hours, the whale address 0x96F4 withdrew 15,200 ETH (worth 70.44 million USD) from Binance.

Bubblemaps: The top five traders by STBL token trading volume are interconnected and have profits exceeding $10 million.

The blockchain analysis platform Bubblemaps stated on platform X that Tether co-founder Reeve Collins has just launched a new token STBL. Strangely, the top five traders are interconnected and have made profits exceeding $10 million. Collins launched STBL yesterday, which is a new type of stablecoin system built around three tokens: USST (stablecoin), YLD (yield token supporting USST), and STBL (governance token). By examining the top five traders by STBL trading volume, it was found that these five major profit-makers received funding injections at the same time. Tracing the source of their funds revealed a clear connection: the funds all came from the same source (which injected funds through Tornado Cash); they borrowed USDC from Venus Protocol using bots; total profits exceeded $10 million. However, there is no evidence to suggest that these traders are associated with the core team. In fact, this group of bots has a history of extracting value from other tokens, not just targeting STBL.

The total BNB contract positions across the network are approaching 2 billion USD, setting a new historical high.

According to the latest data from Coinglass, the total open interest of BNB contracts across the network has increased to 1.9898 million, with the open interest market value nearing $2 billion, currently reported at $1.967 billion, continuing to set a historical high with a 24-hour increase of 8.36%; among them, Binance's BNB contract open interest reached 952,800, ranking first, with an open interest market value of $942 million, a 24-hour increase of 4.69%; Bybit's BNB contract open interest reached 227,300, with an open interest market value of $22.5 million, a 24-hour increase of 2.90%. Market data shows that BNB briefly broke through 995 USDT early this morning, setting a historical high, currently reported at 991.8 USDT, with a 24-hour increase of 3.64%.

The supply of BTC on centralized exchanges is at its lowest level in 7 years.

The DeFi Investor, a crypto analyst, posted on platform X, saying: “The supply of BTC on centralized exchanges is at its lowest level in 7 years, and the scale of funds invested by various institutions to purchase Bitcoin during this cycle is astonishing.”

A certain whale spent over 100 million USDC to purchase 25,000 ETH after the Federal Reserve cut interest rates.

According to monitoring by Lookonchain, after the Federal Reserve cut interest rates by 25 basis points, the over-the-counter trading whale 0xd8d0 spent 112.34 million USDC to purchase 25,000 ETH at a price of 4,493 USDC each.

The TRUMP token deployment address transferred out 274,000 TRUMP tokens 9 hours ago, of which 200,000 tokens have entered OKX.

According to on-chain analyst Yu Jin's monitoring, the TRUMP token deployment address transferred out 274,000 TRUMP )233 million USD ( nine hours ago, of which 200,000 )174 million USD ### entered OKX ten minutes ago.

A certain whale sold all of its approximately 938,000 LINK, exchanging them for 21.46 million USDT.

According to Onchain Lens monitoring, a giant whale sold all of its 938,489 LINK tokens at a price of $22.87 each, exchanging them for 21.46 million USDT, making a profit of $231,000. A month ago, this whale used 4,806 ETH (worth $21.23 million) to purchase these LINK tokens through 5 different wallets.

FalconX withdrew approximately $28.39 million worth of SOL tokens from Binance again 4 hours ago.

According to monitoring by Lookonchain, institutions continue to purchase SOL. FalconX withdrew 118,190 SOL (worth $28.39 million) from Binance again four hours ago.

A certain whale/institution purchased 18,000 ETH with 80.77 million USDC early in the morning and has now made a paper profit of 2 million dollars.

According to on-chain analyst Yu Jin's monitoring, “a whale/institution that profited $74.92 million from ETH trading” purchased 18,000 ETH for $4,487 each using 80.77 million USDC through Wintermute early this morning, after which ETH rebounded to $4,600. In other words, just a few hours after the purchase, this 18,000 ETH has already generated an unrealized profit of $2 million. They have made a profit of $74.92 million through ETH trading and currently hold 530 million USDC and 25,000 ETH ( 1.14 billion ).

The top 1 address of APX personal holdings, which has been held for three years, gained a floating profit of $3.783 million overnight.

According to on-chain analyst @ai_9684xtpa, the top 1 address for APX personal holdings, 0xD2b…99088, has held its position for three years, realizing a profit of $3.783 million in one night. He received 10.18 million tokens distributed from the APX Rewards & Marketing multi-signature address during the period from September 2022 to June 2024, and currently holds 9.1 million tokens at an average price of $0.0804; last night, the surge in ASTER led to a corresponding rise in APX (the two have a 1:1 exchange relationship), with the current price around $0.5.

( Financing/Merger

Openverse completed a $8 million Series B financing, with participation from Bright Capital and others.

Layer0 blockchain infrastructure platform Openverse has announced the completion of a $8 million strategic Series B financing, with investors including Bright Capital, KC International, Innovation Engine, Go2Mars Labs, Becker Ventures, Gaea Ventures, and several global family offices. After this round of financing, Openverse's total funding amount has reached $19 million. Openverse is developing the next generation of Layer0 value internet, focusing on bridge-less cross-chain interoperability, RWA standardization framework, multi-chain native payments, and Bitgold (BTG) value anchoring. Previously, in May, it was reported that the Layer0 blockchain infrastructure platform Openverse Network completed a $11 million strategic financing.

Bio Protocol has raised $6.9 million in funding, led by Maelstrom Fund.

The decentralized science platform Bio Protocol announced the completion of a $6.9 million financing round, led by Maelstrom Fund, with participation from Mechanism Capital, Animoca Brands, Presto Labs, and others. This round of financing also launched Bio V2, which introduces on-chain fundraising, a decentralized AI research framework, and the incentive system BioXP. BioAgents, as decentralized science AI agents, support researchers and the community in generating hypotheses, funding experiments, and monetizing discoveries. The first BioAgent was launched in August in collaboration with VitaDAO and the Aubrey de Grey laboratory, generating over $250,000 in research funding and more than a thousand longevity hypotheses.

Kredete completed a $22 million Series A financing, led by AfricInvest.

According to Partech Partners, African fintech company Kredete has announced the completion of a $22 million Series A funding round, led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE), with participation from Partech and follow-on investment from Polymorphic Capital. This funding round brings Kredete's total financing to $24.75 million. Kredete is dedicated to helping African immigrants improve their credit records through stablecoin payments and credit-building services, and plans to expand into the Canadian, UK, and European markets. The company will launch Africa's first stablecoin credit card, rent credit reports, credit savings plans, and other new features, and build an aggregated API for banks and wallets covering 41 countries to facilitate secure and low-cost cross-border payments for enterprises. Kredete currently has over 700,000 monthly active users, has processed $500 million in remittances, and users' average US credit scores have increased by 58 points.

) Institutional Holdings

DeFi Dev increased holdings by 62,700 SOL, with the treasury's holdings rising to 2,095,700 SOL.

Solana treasury company DeFi Dev Corp. (NASDAQ: DFDV) announced it has purchased another 62,745 SOL, bringing the company's total treasury holdings to 2,095,748 SOL, valued at approximately $499 million as of September 16, 2025. All newly acquired SOL have been staked to earn native yield and support the security of the Solana network. As of now, DFDV has a circulating share capital of 25,670,108 shares, with each share corresponding to 0.0816 SOL, and the SPS value is $19.44.

Forward Industries announces the launch of a $4 billion ATM stock issuance program.

According to Business Wire, Forward Industries (NASDAQ: FORD) has submitted an automatic registration statement to the U.S. SEC, intending to issue common stock for a total amount of up to $4 billion through an “at-the-market” approach. The company stated that the funds raised will be used for general corporate purposes, including the strategic advancement of Solana (SOL), purchasing income-generating assets, and other capital expenditures. Forward Industries has recently completed its largest fundraising for the Solana digital asset treasury to date, acquiring over 6.8 million SOL. This ATM plan is being managed by Cantor Fitzgerald, and no escrow arrangements have been set.

Boyaa Interactive has completed a plan to purchase 370 million HKD worth of Bitcoin, and the company now holds a total of 4,091 BTC.

Boyaa Interactive announced that the group has completed its plan to purchase Bitcoin using approximately HKD 370 million from the placement funds, acquiring about 411 Bitcoins at an average purchase price of approximately USD 115,400 each. This move aims to deepen the Web3 business layout and promote the long-term sustainable development of the gaming ecosystem. As of the announcement date, the company holds a total of 4,091 Bitcoins, with a total cost of approximately USD 279 million and an average cost of about USD 68,100 each. Previously, it was reported that New Fire Technology and Boyaa Interactive reached a strategic cooperation to expand the Web3 ecosystem, and Boyaa Interactive held approximately 3,670 BTC as of late August.

Public company Thumzup Media disclosed the purchase of 7.5 million DOGE, valued at approximately 2 million USD.

According to The Block, Thumzup Media Corporation with the stock code TZUP( announced on Thursday that it has purchased Dogecoin (DOGE) for the first time in the open market, acquiring approximately 7.5 million tokens at a weighted average price of $0.2665, valued at around $2 million. Earlier this month, Thumzup Media Corporation indicated plans to deploy 3,500 Dogecoin mining machines by the end of the year through its upcoming acquisition of the mining company Dogehash. Additionally, the company is strengthening its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.

DeFi Development increased its holdings of SOL by approximately 14.6 million USD, bringing the total holdings close to 500 million USD.

According to The Block, DeFi Development Corp. ) with stock code FDFV### has bought another 62,745 SOL, worth about $14.6 million. The total amount of SOL held by the company has exceeded 2 million, valued at nearly $500 million. The company currently has about 25 million shares outstanding, which calculates its “per share corresponding SOL value” indicator to be approximately $19.44. If the warrants issued in the recent financing round are included, the total number of FDFV shares will increase to 31.5 million. The company plans to continue to “stake the recently purchased tokens to multiple validator nodes,” including the Solana validator node operated internally.