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Galaxy Digital Increases $SOL Holdings with $326 Million Purchase
Galaxy Digital, a popular investment management entity, has gained significant attention for its latest Solana ($SOL) buyout. Particularly, Galaxy Digital’s purchase of $326M in $SOL is for SOL Digital Asset Trust (DAT) of Multicoin Capital. The prominent crypto intelligence firm, Arkham Intelligence, confirmed on social media that the development is included in Galaxy Digital’s wider strategy. This comprises over $1B in existing capital, taking into account $354M in stablecoins apart from $1B in cash-based reserves. Galaxy Digital’s latest aggressive $SOL accumulation of $326M deals with SOL DAT of Multicoin ... (full story)
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