Publicly Traded Solana Treasury Giant Aims to Hoard $5B More in SOL—Bullish or Reckless?
Solana’s institutional backers are doubling down—hard. A publicly traded treasury firm just signaled plans to dump another $5 billion into SOL, betting big on the chain’s high-speed future.
Why the aggressive accumulation? Insiders whisper it’s a hedge against ‘legacy finance’ volatility—because nothing says stability like a crypto that once crashed 94%.
The move could trigger a supply squeeze, but skeptics eye the firm’s balance sheet: ‘They’re either geniuses or bagholders in suits.’