While treasury strategies for altcoins other than Bitcoin (BTC) and Ethereum (ETH) have become widespread, one of these altcoins has undoubtedly been Solana (SOL).
While many companies have announced billions of dollars worth of acquisitions for Solana, the latest news came from a company called Visionsys AI.
Nasdaq-listed Visionsys AI (VSA) plans to acquire Solana for $2 billion, according to an official statement.
Accordingly, Visionsys AI announced plans to acquire and stockpile SOL for up to $2 billion through its subsidiary Medintel Technology.
Under this plan, the company plans to acquire $500 million worth of SOL within the next six months.
To facilitate the initiative, Visionsys AI also stated that it has partnered with Solana-based liquid staking protocol Marinade Finance, which will oversee staking operations and provide regulatory compliance and performance optimization support.
VisionSys AI Inc. (NASDAQ: VSA) announced today that its subsidiary, Medintel Technology Inc., has partnered with Marinade Finance to launch a $2 billion Solana-based digital treasury program.
This groundbreaking initiative is designed to strengthen VisionSys’ balance sheet, increase liquidity and create long-term shareholder value through the strategic acquisition and equity acquisition of Solana.”
*This is not investment advice.