Torrent Capital Grows Its Solana Treasury to 40,039 SOL

Rhea-AI Summary

Torrent Capital has significantly expanded its Solana holdings, adding 13,657 SOL tokens since March 4, 2025. The company's total SOL treasury now stands at 40,039 tokens, which are actively generating yield through staking rewards.

This strategic acquisition, announced on April 29, 2025, demonstrates Torrent's growing commitment to the Solana ecosystem. The company has outlined plans to further increase its investment and participation in Solana through continued token accumulation and staking activities.

Investors interested in understanding Torrent's Solana investment thesis and broader digital asset strategy can access detailed information through the company's website at torrentcapital.ca/crypto-and-blockchain/.

Positive

• Increased Solana holdings by 13,657 SOL tokens since March 2025
• Total holdings reached 40,039 SOL tokens
• Generating passive income through staking rewards
• Strategic expansion in the Solana ecosystem

Negative

• High exposure to crypto market volatility
• Concentration risk from significant investment in a single cryptocurrency

Halifax, Nova Scotia--(Newsfile Corp. - April 29, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has acquired an additional 13,657 Solana (SOL) tokens since March 4, 2025, when it provided its previous update on its Solana holdings. As of April 28, 2025, Torrent held a total of 40,039 SOL tokens, which are generating a yield from staking rewards.

Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn rewards. More details of Torrent's Solana thesis and digital asset strategy can be found on the Torrent website: https://torrentcapital.ca/crypto-and-blockchain/.

About Torrent Capital Ltd.

Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities, digital assets and private investments. The Company invests in companies and other investment opportunities that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.

For further information, please contact:

Contact:
Wade Dawe
Chief Executive Officer
Phone: 1 902 536 1976

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250114

FAQ

How many Solana (SOL) tokens does Torrent Capital (TRRPF) hold as of April 2025?

As of April 28, 2025, Torrent Capital holds a total of 40,039 SOL tokens, which are actively generating yield through staking rewards.

How many additional Solana tokens did TRRPF acquire since March 4, 2025?

Torrent Capital acquired 13,657 additional Solana (SOL) tokens since their previous update on March 4, 2025.

What is Torrent Capital's (TRRPF) strategy for Solana investment?

Torrent Capital plans to increase its investment in the Solana ecosystem by accumulating and staking SOL tokens to earn rewards.

Where can investors find more information about TRRPF's Solana investment strategy?

Investors can find detailed information about Torrent Capital's Solana thesis and digital asset strategy on their website at torrentcapital.ca/crypto-and-blockchain/.

Is Torrent Capital (TRRPF) generating income from their Solana holdings?

Yes, Torrent Capital is generating yield income through staking rewards from their 40,039 SOL tokens.