[Coin World] Pineapple Financial Inc. (NYSE: PAPL) has completed a $100 million private sale, issuing 24.6 million subscription receipts at a weighted average price of $4.04 per receipt. The proceeds will be used to establish a digital asset repository focused on the Injective blockchain native token INJ, aiming to achieve approximately 12% passive returns through staking. Notable investors include several well-known institutions and the Injective Foundation. The Injective network has processed over $60 billion in transactions, with usage growth exceeding 1000% year-to-date. Following the announcement, Pineapple's stock soared 64% to $6.78.
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TokenSleuth
· 1h ago
Another big pump, those who understand, understand.
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BTCRetirementFund
· 10h ago
12 points are really good~ I’m going all in.
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MEVSandwichMaker
· 19h ago
Buy it and get started directly.
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GlueGuy
· 09-05 17:50
Interesting, 12 points.
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ChainBrain
· 09-05 17:50
I only bought ten, and I lost everything.
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DegenApeSurfer
· 09-05 17:48
What's so great about a 12-point profit?
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AltcoinMarathoner
· 09-05 17:47
stacking inj is like mile 20... just warming up for the real gains tbh
Pineapple completes a $100 million private sale, focusing on INJ stake to obtain a 12% return.
[Coin World] Pineapple Financial Inc. (NYSE: PAPL) has completed a $100 million private sale, issuing 24.6 million subscription receipts at a weighted average price of $4.04 per receipt. The proceeds will be used to establish a digital asset repository focused on the Injective blockchain native token INJ, aiming to achieve approximately 12% passive returns through staking. Notable investors include several well-known institutions and the Injective Foundation. The Injective network has processed over $60 billion in transactions, with usage growth exceeding 1000% year-to-date. Following the announcement, Pineapple's stock soared 64% to $6.78.