X @Andy
Andyยท2025-08-16 00:13
Market Rumors & Treasury Companies - Rumors suggest the emergence of several massive Solana ($SOL) treasury companies expected to be announced in September [1] - These treasury companies will be used to accumulate $SOL directly [1] - Contribution "in-kind" with locked $SOL will be available, similar to other assets [1] - Some prominent figures are reportedly planning to publicly support these treasury companies [1] Funding & Backing - Treasury companies are backed/supported directly by crypto foundations [2] - These companies are currently raising funds and anticipate concluding within 1-2 weeks, with announcements expected by the end of the month into September [2]