Spetz Inc. has purchased 3.35 million Sonic native tokens S, with a total expenditure of 1.87 million CAD.

According to reports from Hash World Chain, Spetz Inc., the parent company of SonicStrategy Inc., has announced the launch of its digital asset accumulation strategy. In the first week, the company has purchased 3.35 million Sonic tokens (S tokens) on the open market at an average price of 0.56 CAD (approximately 0.41 USD), with a total expenditure of 1.87 million CAD. The company currently holds a total of 3.9 million Sonic tokens, demonstrating its confidence in Sonic as an emerging Layer 1 blockchain. Spetz CEO Mitchell Demeter stated that this acquisition marks a shift in the company's business focus towards the Sonic ecosystem, and in the future, they will support its development through capital allocation and infrastructure participation.