PANews reported on September 24th that according to Globenewswire, Nasdaq-listed Fitell Corporation (FTEL) announced its initial purchase of 46,144 Sols for approximately $10 million, marking the company's first strategic acquisition under the previously announced Solana financial plan. This Sol acquisition follows the initial closing of the company's $100 million financing arrangement, and FTEL plans to use a significant portion of the net proceeds from the initial closing to make additional Sol acquisitions.