Digital Commodities Inc. Invests in Solana with C$100K Acquisition
Digital Commodities Inc. has made a significant move in its digital-asset treasury by acquiring approximately C$100K of Solana, representing about 5% of its estimated net asset value (NAV). This acquisition is part of the company's new two-tier digital-asset strategy, which also includes holding 11 Bitcoin and cash.
The funding for this purchase came from monetizing some physical gold, marking a shift in the reserve mix. This change will likely impact the risk and correlation profile of the company's assets.
The introduction of Solana to its digital-asset treasury signals a risk-on tilt by the company, which could influence NAV volatility. Additionally, this move aligns with Digital Commodities Inc.'s stated focus on AI-infra asset allocation, guiding future investments toward networks with fee capture and settlement demand.