Cemtrex Acquires $1 Million in Solana, Citing Structural Mispricing; Targets $10 Million Crypto Treasury Reserve
Rhea-AI Summary
Cemtrex (Nasdaq: CETX) has announced a significant move into cryptocurrency by acquiring $1 million worth of Solana (SOL), purchasing 5,500 SOL tokens at an average price of $181 each. The company plans to expand its crypto treasury reserves to $10 million over time.
The technology company aims to stake its SOL position for on-chain yield and plans to operate its own validator node. Cemtrex highlighted Solana's performance, processing over 1,000 transactions per second and handling more than 90 billion transactions in June 2025. The company is also exploring blockchain integration into its product lines through its Vicon subsidiary, including cryptographic video authentication and tamper-proof media verification.
Positive
- Strategic $1 million investment in Solana with plans to expand to $10 million crypto reserve
- Additional revenue potential through staking yields and validator node operation
- Integration of blockchain technology into existing product lines could create new revenue streams
- Early-mover advantage in corporate crypto treasury strategy
Negative
- Significant exposure to volatile cryptocurrency market
- Capital allocation to crypto assets instead of traditional business operations
- Regulatory uncertainty surrounding corporate crypto holdings
- Risk of potential SOL price depreciation affecting balance sheet
News Market Reaction 21 Alerts
On the day this news was published, CETX declined 10.77%, reflecting a significant negative market reaction. Argus tracked a peak move of +11.8% during that session. Argus tracked a trough of -22.9% from its starting point during tracking. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $556K from the company's valuation, bringing the market cap to $5M at that time. Trading volume was exceptionally heavy at 5.7x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Hauppauge, NY, July 31, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX), a technology company focused on intelligent security systems and industrial services, today announced it has acquired approximately
“Solana is the most underappreciated layer-one blockchain in the world today,” said Saagar Govil, Chairman and CEO of Cemtrex. “It’s already processing more real-world transactions than every other blockchain combined, and it’s not even close. With a hard-coded supply curve and no reliance on fragmented scaling solutions, we believe the market has yet to appreciate what this unlocks in the next 3–5 years.”
Cemtrex purchased 5,500 SOL at an average cost of approximately
Solana is currently processing over 1,000 transactions per second and handled more than 90 billion transactions in June 2025 alone, more than every other L1 and L2 combined. With a burn mechanism tied to usage and a hardcoded inflation schedule set to bottom out at
“This isn’t just a treasury hedge,” Govil added. “It’s a long-duration bet on the most capable, capital-efficient blockchain system in production and one we believe will compound its network advantage faster than the market expects. Over time, we expect Solana to outperform fiat and legacy digital assets on a structural basis.”
Cemtrex is actively exploring ways to integrate blockchain-based technologies into its product lines, including cryptographic video authentication, tamper-proof media verification, and decentralized timestamping through its subsidiary, Vicon.
“This is a long-term strategy grounded in execution. We’re putting capital and infrastructure behind it because we see where this is going,” continued Govil.
About Cemtrex
Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company operating in the Security and Industrial sectors. Its Security segment, led by Vicon Industries, provides advanced video management software, high-performance security cameras, and integrated surveillance solutions for enterprise, government, and critical infrastructure. The Industrial segment, through Advanced Industrial Services (AIS), delivers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. With a focus on innovation, execution, and strategic growth, Cemtrex is committed to enhancing safety, efficiency, and value for its customers and shareholders.
For more information, visit www.cemtrex.com.
Investor Relations:
investors@cemtrex.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.
Investor Relations: investors@cemtrex.com
FAQ
How much Solana (SOL) did Cemtrex (CETX) purchase in July 2025?
What is Cemtrex's target for its crypto treasury reserve?
How does Cemtrex plan to utilize its Solana investment?
What blockchain integrations is Cemtrex exploring through Vicon?
How many transactions did Solana process in June 2025?
