iSpecimen Approached by Crypto Currency Companies for $200 Million Treasury Discussions

Core Viewpoint - iSpecimen Inc. is pursuing a strategic initiative to integrate digital assets into its business model, aiming to establish a corporate treasury reserve of up to $200 million based on the Solana blockchain ecosystem [1][2]. Group 1: Strategic Initiative - The company has been approached by several cryptocurrency-related companies since announcing its intentions, presenting opportunities in tokenized real-world assets and highly ranked cryptocurrencies [2]. - iSpecimen is refining its approach to build a digital asset treasury, recognizing various opportunities while considering the acquisition of Locked Solana [3]. Group 2: Treasury Program Details - The planned treasury program includes purchasing SOL (the native token of the Solana network), including Locked SOL, through over-the-counter transactions with reputable cryptocurrency institutions [5]. - The company intends to fund the treasury program primarily from capital that may be raised over time [4]. Group 3: Investment Strategy - The company plans to deliver shareholder value through a buy and HODL strategy, purchasing locked SOL at a discount and staking Solana to increase yields for shareholders in the long term [6]. - A small percentage of the Solana holding will be allocated for spot trading to allow for diversification [6].