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Stock impact report

Fitell Corporation Completes Purchase of 216.8 million PUMP Tokens to its Digital Asset Treasury

Fitell Corporation - Class A Ordinary Shares (FTEL) 
Company Research Source: GlobeNewswire
Taren Point, Australia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”) today announced that it has purchased and allocated to its corporate treasury 216.8 million Pump.fun (PUMP) tokens, the native token powering the Pump.fun launchpad on Solana. This transaction represents the Company’s first direct purchase of PUMP tokens and reflects its continued strategic expansion within the Solana ecosystem. On October 1, 2025, Fitell purchased approximately 216.8 million PUMP tokens for a total amount of $1.5 million. “We again moved promptly from decision to execution,” said Sam Lu, Chief Executive Officer of Fitell Corporation. “We are deepening our participation in Solana’s growth story, while diversifying our digital asset treasury to position us to capture long-term growth opportunities for our stakeholders.” FTEL will provide periodic updates as it expands its digital asset treasury. About Fitell Corporation Fitell Corporation, thro Show less Read more
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