An announcement from Torrent Capital Ltd ( (TSE:TORR) ) is now available.
Torrent Capital Ltd. announced the acquisition of an additional 8,651 Solana tokens, bringing their total holdings to 26,382 tokens, which are generating yield from staking rewards. The company plans to further increase its investment in the Solana ecosystem by accumulating and staking more tokens. This move coincides with the U.S. President’s announcement of a strategic cryptocurrency reserve that includes Solana, which Torrent welcomes as it remains confident in Solana’s potential to become a leading blockchain for decentralized applications.
More about Torrent Capital Ltd
Torrent Capital Ltd. is a publicly traded investment issuer that actively manages a portfolio of public equities, cryptocurrencies, and private investments. The company focuses on investing in companies poised for accelerated growth or trading at a discount to their intrinsic value, offering investors potential above-market returns with transparency, daily liquidity, and a modest fee profile compared to competing investment products.
YTD Price Performance: -7.14%
Average Trading Volume: 25,688
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$24.51M
For detailed information about TORR stock, go to TipRanks’ Stock Analysis page.