Canadian listed company Digital Commodities said on Sept. 28 that it had sold part of its physical gold holdings and used the proceeds to purchase roughly C$100,000 worth of Solana’s SOL token. The company said the SOL purchase represents about 5% of its estimated net asset value.
Digital Commodities also said its reserve base remains made up of 11 Bitcoin and cash. In its statement, the company described the SOL purchase as a second allocation within its digital asset strategy. It said the move is intended to capture potential opportunities tied to growth in artificial intelligence and blockchain infrastructure.
The update was carried by Techub News, citing Bitcoinist. No additional details on the size of the gold sale or the purchase price of SOL were disclosed in the source material.
Canadian listed company Digital Commodities said on Sept. 28 that it sold part of its physical gold holdings and used the proceeds to buy about C$100,000 worth of SOL, according to Techub News, citing Bitcoinist.
The company said the SOL purchase accounts for about 5% of its estimated net asset value.
Digital Commodities added that its reserve base still consists of 11 BTC and cash. It described the SOL purchase as a second allocation for digital assets, aimed at capturing potential opportunities tied to growth in artificial intelligence and blockchain infrastructure.
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