Torrent Capital Increases its Solana Holdings
Torrent Capital (TSXV: TORR) has expanded its cryptocurrency portfolio by acquiring an additional 4,955 Solana (SOL) tokens since January 6, 2025. This follows the company's initial announcement of creating a cryptocurrency portfolio and initial SOL purchases. As of February 10, 2025, Torrent's total holdings amount to 6,955 SOL tokens, which are currently generating yield through staking rewards. The company has expressed its intention to further increase its investment and participation in the Solana ecosystem through continued token accumulation and staking activities.
Torrent Capital (TSXV: TORR) ha ampliato il suo portafoglio di criptovalute acquisendo ulteriori 4.955 token Solana (SOL) dal 6 gennaio 2025. Questo segue l'annuncio iniziale dell'azienda di creare un portafoglio di criptovalute e dei primi acquisti di SOL. Fino al 10 febbraio 2025, il totale delle partecipazioni di Torrent ammonta a 6.955 token SOL, che attualmente generano rendimento attraverso ricompense di staking. L'azienda ha espresso l'intenzione di aumentare ulteriormente il suo investimento e la sua partecipazione nell'ecosistema Solana attraverso un continuo accumulo di token e attività di staking.
Torrent Capital (TSXV: TORR) ha ampliado su cartera de criptomonedas al adquirir 4,955 tokens de Solana (SOL) adicionales desde el 6 de enero de 2025. Esto sigue al anuncio inicial de la empresa sobre la creación de una cartera de criptomonedas y las primeras compras de SOL. A partir del 10 de febrero de 2025, el total de tenencias de Torrent asciende a 6,955 tokens SOL, que actualmente están generando rendimiento a través de recompensas de staking. La empresa ha expresado su intención de aumentar aún más su inversión y participación en el ecosistema de Solana mediante la acumulación continua de tokens y actividades de staking.
토렌트 캐피탈 (TSXV: TORR)은 2025년 1월 6일 이후 추가로 4,955개의 솔라나 (SOL) 토큰을 인수하여 암호화폐 포트폴리오를 확장했습니다. 이는 회사가 암호화폐 포트폴리오를 생성하고 초기 SOL 구매를 발표한 이후의 일입니다. 2025년 2월 10일 기준으로 토렌트의 총 보유량은 6,955 SOL 토큰에 달하며, 현재 스테이킹 보상을 통해 수익을 생성하고 있습니다. 회사는 토큰 축적과 스테이킹 활동을 통해 솔라나 생태계에 대한 투자와 참여를 더욱 늘릴 계획을 밝혔습니다.
Torrent Capital (TSXV: TORR) a élargi son portefeuille de cryptomonnaies en acquérant 4 955 tokens Solana (SOL) supplémentaires depuis le 6 janvier 2025. Cela fait suite à l'annonce initiale de l'entreprise concernant la création d'un portefeuille de cryptomonnaies et les premiers achats de SOL. Au 10 février 2025, le total des avoirs de Torrent s'élève à 6 955 tokens SOL, qui génèrent actuellement des rendements grâce aux récompenses de staking. L'entreprise a exprimé son intention d'augmenter encore son investissement et sa participation dans l'écosystème Solana par le biais d'une accumulation continue de tokens et d'activités de staking.
Torrent Capital (TSXV: TORR) hat sein Krypto-Portfolio erweitert, indem es seit dem 6. Januar 2025 zusätzlich 4.955 Solana (SOL) Token erworben hat. Dies folgt auf die ursprüngliche Ankündigung des Unternehmens, ein Krypto-Portfolio zu erstellen und erste SOL-Käufe zu tätigen. Zum 10. Februar 2025 beläuft sich der Gesamtbestand von Torrent auf 6.955 SOL Token, die derzeit Erträge durch Staking-Belohnungen generieren. Das Unternehmen hat seine Absicht bekundet, seine Investitionen und seine Beteiligung am Solana-Ökosystem durch fortgesetzte Token-Akkumulation und Staking-Aktivitäten weiter zu erhöhen.
- Increased cryptocurrency portfolio with additional 4,955 SOL tokens
- Total holdings of 6,955 SOL generating passive income through staking rewards
- Strategic expansion into the growing Solana ecosystem
- Exposure to volatile cryptocurrency market risks
Halifax, Nova Scotia--(Newsfile Corp. - February 12, 2025) - Torrent Capital Ltd., (TSXV: TORR) ("Torrent") announces it has acquired an additional 4,955 Solana (SOL) tokens since January 6, 2025, when it announced the creation of a cryptocurrency portfolio and initial SOL purchases. As of February 10, 2025, Torrent held a total of 6,955 SOL, which are generating a yield from staking rewards.
Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn rewards.
About Torrent Capital Ltd.
Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities, cryptocurrencies, and private investments. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.
For further information, please contact:
Contact:
Wade Dawe
Chief Executive Officer
Phone: 1 902 536 1976
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240638
FAQ
How many Solana tokens does Torrent Capital (TRRPF) currently hold as of February 2025?
When did Torrent Capital (TRRPF) begin its cryptocurrency portfolio?
How many additional Solana tokens did Torrent Capital (TRRPF) acquire in their latest purchase?
How is Torrent Capital (TRRPF) generating returns from its Solana holdings?
What are Torrent Capital's (TRRPF) future plans for their Solana investment?
