Solmate, a Solana treasury firm supported by Ark Invest, has acquired $50 million worth of SOL tokens during a recent market downturn. The purchase was made at a 15% discount to the prevailing market price, highlighting strategic buying during periods of market weakness. As of September 30, Ark Invest continues to be Solmate's largest shareholder, underscoring its commitment to the Solana ecosystem.
Solmate Acquires $50M in SOL Amid Market Correction
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