Public Company Sells Part Of Its Gold Holdings To Buy Solana

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Digital Commodities has bought approximately C$100,000 of SOL, equal to about 5% of its estimated net asset value. The Solana purchase was funded by selling part of the company’s physical gold position. Bitcoin remains the foundation of its reserve strategy, with the company continuing to hold 11 BTC alongside cash. A Canadian public company has made an unusual treasury trade: sell some physical gold and put the proceeds into Solana. Digital Commodities announced on September 28 that it acquired approximately C$100,000 of SOL. The position represents about 5% of the company’s estimated net asset value. Bitcoin Stays In The Core Reserve The Solana purchase does not replace Digital Commodities’ Bitcoin holdings. The company says its reserve foundation remains anchored by 11 BTC together with cash. Instead, management has created a second allocation for digital assets it believes could benefit from growth in artificial intelligence and blockchain infrastructure. Solana is the first asset selected for that new bucket. What makes the transaction interesting is the source of the mone...