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Fitell Corp Commits $100M to Solana Treasury Strategy – Can SOL Reach $300?
Yahoo Finance·2025-09-24 21:05

Australian fitness company Fitell Corporation has secured a 100millioncreditlineforitsnewSolanatreasurystrategy,withplanstorebrandas‘SolanaAustraliaCorporation’.AccordingtoaSeptember24pressrelease,FitellispioneeringanewapproachbybecomingAustralia’sfirstNasdaq−listedinstitutionalholderofSolana.ThecompanywillgeneratereturnsnotonlythroughstakingbutalsothroughDeFiopportunities,riskmanagementframeworks,andyieldinnovations.Australia’sFirst100 million credit line for its new Solana treasury strategy, with plans to rebrand as ‘Solana Australia Corporation’. According to a September 24 press release, Fitell is pioneering a new approach by becoming Australia’s first Nasdaq-listed institutional holder of Solana. The company will generate returns not only through staking but also through DeFi opportunities, risk management frameworks, and yield innovations. Australia’s First 100M So ...