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Fitell Corporation invested 10 million USD to purchase 46,144 SOL.
ChainCatcher news, Nasdaq-listed company Fitell Corporation (FTEL) announced its first strategic acquisition of approximately 10 million dollars for 46,144 SOL, which is the first strategic acquisition under the company's previously announced Solana financial plan. It is reported that this acquisition of SOL took place after the first Delivery under the company's 100 million dollar financing arrangement, and FTEL plans to use a significant portion of the net proceeds from the first Delivery for additional SOL acquisitions.