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Flash
- 12:11Multicoin's new fund spends $1.58 billion to purchase SOLAccording to ChainCatcher, market sources report that the latest Solana DAT fund by Multicoin has completed the purchase of 6,822,000 SOL at an average price of $232, with a total transaction amount reaching $1.58 billions.
- 12:10Forward Industries spends $1.58 billion to acquire over 6.82 million SOLChainCatcher News, according to market sources, Forward Industries announced the purchase of 6,822,000 Solana (SOL) at an average price of $232 per token, with a total amount of approximately $1.58 billions. This transaction marks the first deployment of the company's $1.65 billions PIPE financing, which is led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All SOL acquired by Forward Industries have been staked, with part of the transaction completed through the Solana on-chain platform DFlow. The company plans to increase the per-share value of SOL through active management and on-chain operations.
- 12:04Strive: Has purchased 69 bitcoins and implemented a $500 million stock buyback planJinse Finance reported that after Asset Entities approved the merger with Strive to form the bitcoin treasury company Strive Inc., the company announced its board members, including CEO Matt Cole and CFO Ben Pham. In addition, the company disclosed that it has purchased 69 bitcoins and plans to further advance its bitcoin strategy using the net proceeds from the $750 million financing announced in May, as well as an additional potential $750 million in funds that may be obtained within one year upon the exercise of warrants. Furthermore, the company has obtained Well-Known Seasoned Issuer (WKSI) status, which can be used for its shelf registration. Along with obtaining WKSI shelf registration, the company announced a $450 million at-the-market offering plan and a $500 million stock repurchase plan to maintain maximum flexibility in its balance sheet, thereby increasing the per-share issuance of bitcoin.