The #FTX bankruptcy estate is selling 41 million locked $SOL worth $7.6 billion

đŸ”č Neptune Digital Assets' Solana Acquisition!

â–Ș Acquisition: Secured 26,964 SOL at Nearly 70% discount ($64 per SOL vs. market price of $195)

â–Ș Total Holdings: Boosted to 31,181 SOL, all earmarked for staking

â–Ș Yield: Anticipating around a 7.5% annual yield from staking

đŸ”č Release Plan:

â–Ș 80% of tokens to be released monthly until Jan 2028

â–Ș 20% set for release in March 2025

đŸ”č Staking Rewards: Earned throughout the lock period

đŸ”č CEO's Take: Cale Moodie views this as a strategic move to enhance assets and revenue, capitalizing on Solana’s efficiency and potential for innovation.

Stay updated for more Updates.

#Solana #Neptunedigital #Bitcoin #SOL

$BTC $BNB