The #FTX bankruptcy estate is selling 41 million locked $SOL worth $7.6 billion
đč Neptune Digital Assets' Solana Acquisition!
âȘïž Acquisition: Secured 26,964 SOL at Nearly 70% discount ($64 per SOL vs. market price of $195)
âȘïž Total Holdings: Boosted to 31,181 SOL, all earmarked for staking
âȘïž Yield: Anticipating around a 7.5% annual yield from staking
đč Release Plan:
âȘïž 80% of tokens to be released monthly until Jan 2028
âȘïž 20% set for release in March 2025
đč Staking Rewards: Earned throughout the lock period
đč CEO's Take: Cale Moodie views this as a strategic move to enhance assets and revenue, capitalizing on Solanaâs efficiency and potential for innovation.
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