Fitell Corporation announced on October 2, 2025, that it completed the purchase of 216.8 million Pump.fun (PUMP) tokens. The acquisition, made on October 1, 2025, totaled $1.5 million and represents the company’s first direct purchase of PUMP tokens.
These PUMP tokens have been allocated to Fitell’s corporate treasury, marking a continued strategic expansion within the Solana ecosystem. PUMP is the native token powering the Pump.fun launchpad on Solana.
CEO Sam Lu commented that this action deepens Fitell's participation in Solana’s growth story and diversifies its digital asset treasury. The company intends to provide periodic updates as it continues to expand its digital asset holdings.
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