Torrent Capital Purchases Additional Solana Tokens
Torrent Capital (TSXV: TORR) has expanded its Solana (SOL) holdings by acquiring an additional 10,776 tokens since February 12, 2025. As of February 19, 2025, the company's total SOL holdings stand at 17,731 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 le sue partecipazioni in Solana (SOL) acquisendo ulteriori 10.776 token dal 12 febbraio 2025. A partire dal 19 febbraio 2025, le partecipazioni totali di SOL dell'azienda ammontano a 17.731 token, che attualmente generano rendimento attraverso le ricompense da staking. L'azienda ha espresso l'intenzione di aumentare ulteriormente il proprio investimento e la partecipazione nell'ecosistema Solana attraverso un continuo accumulo di token e attività di staking.
Torrent Capital (TSXV: TORR) ha ampliado sus participaciones en Solana (SOL) adquiriendo 10.776 tokens adicionales desde el 12 de febrero de 2025. A partir del 19 de febrero de 2025, las participaciones totales de SOL de la empresa ascienden a 17.731 tokens, que actualmente generan rendimiento a través de recompensas de staking. La empresa ha expresado su intención de aumentar aún más su inversión y participación en el ecosistema Solana mediante la acumulación continua de tokens y actividades de staking.
토렌트 캐피탈 (TSXV: TORR)는 2025년 2월 12일 이후로 추가로 10,776개의 솔라나 (SOL) 토큰을 구매하여 보유량을 확장했습니다. 2025년 2월 19일 기준으로 회사의 총 SOL 보유량은 17,731개 토큰이며, 현재 스테이킹 보상을 통해 수익을 창출하고 있습니다. 회사는 솔라나 생태계에 대한 투자와 참여를 계속 늘려갈 의사를 밝혔습니다. 이는 지속적인 토큰 축적과 스테이킹 활동을 통해 이루어질 것입니다.
Torrent Capital (TSXV: TORR) a élargi ses avoirs en Solana (SOL) en acquérant 10.776 tokens supplémentaires depuis le 12 février 2025. Au 19 février 2025, le total des avoirs en SOL de l'entreprise s'élève à 17.731 tokens, qui génèrent actuellement des rendements grâce aux récompenses de staking. L'entreprise a exprimé son intention d'augmenter davantage 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 seine Bestände an Solana (SOL) durch den Erwerb von zusätzlichen 10.776 Token seit dem 12. Februar 2025 erweitert. Am 19. Februar 2025 beläuft sich der Gesamtbestand des Unternehmens an SOL-Token auf 17.731 Token, die derzeit durch Staking-Belohnungen Erträge generieren. Das Unternehmen hat seine Absicht bekundet, seine Investitionen und die Teilnahme am Solana-Ökosystem durch fortgesetzte Token-Akkumulation und Staking-Aktivitäten weiter zu erhöhen.
- Increased crypto asset holdings by 10,776 SOL tokens
- Total holdings of 17,731 SOL generating passive income through staking
- Strategic expansion into Solana ecosystem
- Significant exposure to volatile crypto asset prices
- Concentration risk in single cryptocurrency
Halifax, Nova Scotia--(Newsfile Corp. - February 20, 2025) - Torrent Capital Ltd., (TSXV: TORR) ("Torrent") announces it has acquired an additional 10,776 Solana (SOL) tokens since February 12, 2025, when it provided its previous update on Solana holdings. As of February 19, 2025, Torrent held a total of 17,731 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/241700
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