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Cemtrex Acquires $1 Million in Solana, Citing Structural Mispricing; Targets $10 Million Crypto Treasury Reserve
CemtrexCemtrex(US:CETX) Globenewswireยท2025-07-31 20:05

Core Viewpoint - Cemtrex Inc. has initiated a digital asset treasury strategy by acquiring approximately $1 million worth of Solana (SOL) and aims to expand its crypto reserves to $10 million over time [1][2]. Group 1: Acquisition and Strategy - The company purchased 5,500 SOL at an average cost of approximately $181 per token, with plans to stake its position for on-chain yield and operate its own validator node [2]. - Cemtrex's long-term goal is to build a $10 million reserve position across strategic crypto networks, with Solana as the foundational asset [2][4]. Group 2: Solana's Performance and Positioning - Solana is currently processing over 1,000 transactions per second and handled more than 90 billion transactions in June 2025, outperforming all other layer-one and layer-two blockchains combined [3]. - The blockchain features a burn mechanism tied to usage and a hardcoded inflation schedule that will bottom out at 1.5% by 2028, positioning it as a foundational layer for digital trust and settlement [3]. Group 3: Long-term Vision - The acquisition is described as a long-duration bet on Solana, which is viewed as the most capable and capital-efficient blockchain system, expected to compound its network advantage faster than the market anticipates [4][5]. - Cemtrex is exploring the integration of blockchain technologies into its product lines, including cryptographic video authentication and decentralized timestamping through its subsidiary, Vicon [4].