👉👉Currently, Public Companies Are Increasing Their Investments in Solana (SOL), But There Is No Certainty Regarding Staking Returns👈👈

Three publicly traded companies aim to benefit from staking rewards by increasing their Solana (SOL) assets; this development shows a growing interest in this field among institutional firms.

Bit Mining aims to generate returns through staking by purchasing 27,191 SOL worth approximately 4.5 million dollars.

Upexi, on the other hand, increased its SOL balance from 735,692 to over 2 million tokens in July.

DeFi Development Corp also reached over 1.2 million Solana assets by adding another 110,466 SOL to its portfolio.

Institutional Firms' Approach to Solana

Public companies prefer to generate passive income by evaluating Solana assets through staking. This reflects a significant increase in institutional interest in blockchain and digital assets.

For example, Bit Mining and Upexi generate regular income by staking SOL tokens. According to Upexi's statement, they earn approximately 65,000 dollars daily with a return rate of around 8%.

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