Pineapple Deploys $100M Injective Treasury with Strategic $8.9M INJ Acquisition

Digital asset manager Pineapple makes major Web3 move with nine-figure treasury allocation

The Injective Injection

Pineapple just dropped $8.9 million on INJ tokens—the opening salvo in a comprehensive $100 million treasury deployment. The move signals institutional confidence in the cross-chain trading protocol's ecosystem.

Strategic Positioning

This isn't casual accumulation—it's calculated positioning. The $100 million war chest transforms Pineapple into a major governance player within Injective's decentralized infrastructure network.

Market Mechanics

Large-scale treasury allocations create structural demand while locking up circulating supply. The $8.9 million initial purchase represents just the beginning of what could become sustained buying pressure.

Institutional Validation

When traditional finance meets decentralized protocols, the result is either revolutionary or just another line item on some hedge fund's balance sheet—time will tell which this becomes.