Torrent Capital Provides an Update on Its Solana Holdings
Torrent Capital (TSXV: TORR) has expanded its Solana (SOL) holdings by acquiring an additional 8,651 tokens since February 20, 2025. As of March 3, 2025, the company's total SOL position stands at 26,382 tokens, which are actively generating yield through staking rewards.
The company plans to further increase its investment and participation in the Solana ecosystem through continued token accumulation and staking. This announcement follows the U.S. President's March 2, 2025 executive order on digital assets, which includes Solana among other leading cryptocurrencies in a strategic cryptocurrency reserve.
Torrent Capital (TSXV: TORR) ha ampliato le sue partecipazioni in Solana (SOL) acquisendo ulteriori 8.651 token dal 20 febbraio 2025. Al 3 marzo 2025, la posizione totale di SOL dell'azienda ammonta a 26.382 token, che stanno generando attivamente rendimento attraverso le ricompense di staking.
L'azienda prevede di aumentare ulteriormente il suo investimento e la sua partecipazione nell'ecosistema Solana attraverso un continuo accumulo di token e staking. Questo annuncio segue il decreto esecutivo del Presidente degli Stati Uniti del 2 marzo 2025 sugli asset digitali, che include Solana tra le altre principali criptovalute in una riserva strategica di criptovalute.
Torrent Capital (TSXV: TORR) ha ampliado sus participaciones en Solana (SOL) al adquirir 8,651 tokens adicionales desde el 20 de febrero de 2025. A partir del 3 de marzo de 2025, la posición total de SOL de la empresa asciende a 26,382 tokens, que están generando rendimiento activamente a través de recompensas por staking.
La empresa planea aumentar aún más su inversión y participación en el ecosistema Solana mediante la acumulación continua de tokens y staking. Este anuncio sigue al decreto ejecutivo del Presidente de los Estados Unidos del 2 de marzo de 2025 sobre activos digitales, que incluye a Solana entre otras criptomonedas líderes en una reserva estratégica de criptomonedas.
토렌트 캐피탈 (TSXV: TORR)은 2025년 2월 20일부터 추가로 8,651개의 솔라나 (SOL) 토큰을 인수하여 보유량을 확장했습니다. 2025년 3월 3일 현재, 회사의 총 SOL 보유량은 26,382개 토큰이며, 이들은 스테이킹 보상을 통해 활발히 수익을 창출하고 있습니다.
회사는 지속적인 토큰 축적과 스테이킹을 통해 솔라나 생태계에 대한 투자와 참여를 더욱 확대할 계획입니다. 이번 발표는 2025년 3월 2일 미국 대통령의 디지털 자산에 관한 행정명령에 따른 것으로, 솔라나는 전략적 암호화폐 비축의 일환으로 다른 주요 암호화폐와 함께 포함됩니다.
Torrent Capital (TSXV: TORR) a élargi ses participations dans Solana (SOL) en acquérant 8 651 tokens supplémentaires depuis le 20 février 2025. Au 3 mars 2025, la position totale de SOL de l'entreprise s'élève à 26 382 tokens, qui génèrent activement des rendements grâce aux récompenses de staking.
L'entreprise prévoit d'augmenter encore son investissement et sa participation dans l'écosystème Solana par le biais d'une accumulation continue de tokens et de staking. Cette annonce fait suite à l'ordre exécutif du Président des États-Unis du 2 mars 2025 sur les actifs numériques, qui inclut Solana parmi d'autres principales cryptomonnaies dans une réserve stratégique de cryptomonnaies.
Torrent Capital (TSXV: TORR) hat seine Solana (SOL) Bestände durch den Erwerb von zusätzlichen 8.651 Token seit dem 20. Februar 2025 erweitert. Zum 3. März 2025 beträgt die gesamte SOL-Position des Unternehmens 26.382 Token, die aktiv Erträge durch Staking-Belohnungen generieren.
Das Unternehmen plant, seine Investition und Teilnahme am Solana-Ökosystem durch fortgesetzte Token-Akkumulation und Staking weiter zu erhöhen. Diese Ankündigung folgt dem Executive Order des US-Präsidenten vom 2. März 2025 zu digitalen Vermögenswerten, das Solana zusammen mit anderen führenden Kryptowährungen in einer strategischen Kryptowährungsreserve umfasst.
- Increased crypto asset holdings by 8,651 SOL tokens
- Total holdings of 26,382 SOL generating passive income through staking
- Solana included in U.S. strategic cryptocurrency reserve
- None.
Halifax, Nova Scotia--(Newsfile Corp. - March 4, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has acquired an additional 8,651 Solana (SOL) tokens since February 20, 2025, when it provided its previous update on Solana holdings. As of March 3, 2025, Torrent holds a total of 26,382 SOL tokens, 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.
On March 2, 2025, the President of the United States announced that his executive order on digital assets will move forward on a strategic cryptocurrency reserve that includes Solana among other leading cryptocurrencies. Torrent welcomes Solana's inclusion in the reserve and remains confident that Solana will become a leading blockchain for decentralized applications.
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/243248
FAQ
How many Solana tokens does Torrent Capital (TRRPF) currently hold as of March 2025?
What is Torrent Capital's (TRRPF) recent acquisition of Solana tokens?
How is Torrent Capital (TRRPF) generating returns from its Solana holdings?
What is Torrent Capital's (TRRPF) strategy for Solana investment?
