The acquisition of 6.82 million of the $SOL tokens by Ahead Industries led to the initiation of its large Solana treasury plan and positioned all of its belongings at stake.
Solana treasury: Ahead Industries, Inc. has begun its Solana acquisition with the acquisition of 6.82 million $SOL. The acquisition, which was at a mean value of $232 per token, concerned a purchase order of $1.58 billion within the latest previous.
This was after the corporate had simply secured a big funding of $1.65 billion in a non-public funding in public fairness (PIPE).
Galaxy Digital, Soar Crypto, and Multicoin Capital are the important thing traders that spearheaded this transfer, in accordance with Solanafloor.com.
The corporate has acquired its tokens each in open market and on-chain transactions. These included a one-million-dollar commerce on DFlow, a decentralized trade aggregator primarily based on the Solana platform.
This on-chain deal was funded by SolFi, a DFlow supplier. Ahead Industries emphasised the significance of on-chain purchases to reveal its want to realize the very best consequence for shareholders with the assistance of varied buying and selling platforms.
Pruitt highlighted the fast growth of the treasury as one of many first achievements of their plan, which was offered inside per week of the closing PIPE.
Galaxy Digital’s Central Function Raises Eyebrows
Galaxy Digital was one of many major sources of tokens to Ahead Industries. Arkham Intelligence information point out that Galaxy bought roughly $6.5 million $SOL near the time that the PIPE closed on September 11, 2025.
Within the final 24 hours, Galaxy bought roughly 1.24 million tokens price roughly $306 million on Binance, Coinbase, and Bybit, amongst different exchanges.
This attracted larger entry costs of different Solana funding autos. This aggressive and fast accumulation of tokens has elicited social media controversy.
Others applauded the technique as a consequence of its well-executed nature. Others requested why Ahead Industries failed to make use of a greenback price averaging purchase technique.
Skeptics feared that the purchases would stall extra exercise due to phrases reminiscent of That’s it till subsequent DAT and Why no DCA.