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0.016260162601626 0.0227642276422764 0.00697560975609762 0.00813008130081298 -0.0276422764227642 -0.0227642276422764 -0.0443089430894309 -0.0389770731707318
Stock impact report

Fitell Corporation to Expand Further into Solana Ecosystem with PUMP Treasury, the Solana-Native Token Powering the Pump.fun Launchpad

Fitell Corporation - Class A Ordinary Shares (FTEL) 
Company Research Source: GlobeNewswire
-First Publicly Listed Company to Establish a PUMP Treasury Reserve- Sydney, Australia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”) today announced its intention to allocate PUMP tokens to its corporate treasury. This strategic move represents a natural extension of Fitell’s Solana digital asset treasury strategy and reflects the Company’s confidence in Solana’s rapidly growing ecosystem. Pump.fun has emerged as one of the most tangible revenue-generating applications on the Solana blockchain, operating as a live token launchpad that processes new issuances and collects listing and transaction fees directly tied to on-chain activity. Its native token, PUMP, underpins the platform’s economics by serving as the vehicle through which fee revenues are recycled back through buybacks and burns, reducing circulating supply and creating deflationary pressure over time. With a fixed supply and an ongoing burn program funded by platform r Show less Read more
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