#CFTCCryptoSprint
🔥The race for the treasury of $SOL $$Solana intensifies as companies seek staking rewards🔥
Public companies are hoarding Solana to gain a share of the blockchain's staking rewards, and three companies have recently announced that they have purchased more tokens.
The Bitcoin mining company Bit Mining announced on Tuesday that it had made its first purchase of Solana
SOL141.29 €
, acquiring 27,191 SOL for 4.5 million dollars, and that it had launched a validator to earn yield through staking the tokens.
On Tuesday, Upexi, a brand specializing in supply chain management, said that it had spent most of July buying Solana and increasing its holdings from 735,692 tokens at the end of June to over 2 million SOL currently.
On Monday, DeFi Development Corp. said that it had increased its cryptocurrency holdings to over 1.2 million SOL, after purchasing another 110,466 tokens.
