"Listed companies stockpile 3% of Solana's circulating supply"

Source
Son Min

Summary

  • Strategic SOL Reserve data reported that global listed companies hold about 3% of Solana's circulating supply.
  • The 17 listed companies said they are stockpiling a total of 17,112,000 SOL, approximately $4 billion, of Solana.
  • Forward Industry was reported to hold the largest amount with 6,800,000 SOL.

The Solana(SOL) holdings of global publicly listed companies were found to amount to 3% of the total circulating supply.

According to Strategic SOL Reserve data on the 16th (local time), 17 listed companies that have stockpiled Solana hold a total of 17,112,000 SOL. This is approximately $4 billion, or about 3% of Solana's total circulating supply.

The company holding the most Solana is Forward Industry. On the 15th, Forward announced it had purchased 6,800,000 SOL (approximately $1.61 billion). Sharps Technology and DeFi Development held 2,140,000 SOL and 2,000,000 SOL respectively, following behind.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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