Invezz
2025-08-19 09:12:20

French firm Acheter-Louer increases Solana holdings to 14,905 SOL

French-based real estate firm Acheter-Louer, which is listed on Euronext, has significantly boosted its cryptocurrency portfolio with an additional Solana (SOL) purchase. Acheter Louer said it acquired another 711 Solana (SOL) tokens for €110,002 (approximately $128,437) as it increased its total holdings to 14,905 SOL. It completed the buy through its subsidiary, SOL Treasury Corp. With Solana price retreating in recent sessions amid broader market turbulence, the Sol Treasury Corp’s buy represents a buy-the-dip move. SOL Treasury Corp bolsters crypto strategy The 711 SOL buy and increase to 14,905 tokens for the Solana treasury company, the first European firm to take this initiative, brings its total holdings value to €2.32 million ($2.7 million). SOL Treasury funded the latest purchase via a €2 million non-dilutive bond issuance, adding to the growing institutional trend of public companies pivoting to crypto strategies. Acheter Louer, whose subsidiary added staking to its operations this August, is the latest company to show confidence in Solana’s blockchain ecosystem. The firm’s acquisition sees its SOL holdings jump 22%, signalling a notable addition of one of the coins attracting massive attention across Wall Street. “This strategic accumulation, made possible through our €2M non-dilutive bond issuance, reflects our continued confidence in Solana’s fundamentals. We remain consistent in building our position in Solana and are committed to its ecosystem for the long term,” SOL Treasury posted on X. Solana attracts broader institutional interest Acheter-Louer, Europe’s first Solana treasury company, has joined the growing ranks of publicly listed firms holding cryptocurrencies on their balance sheets, further broadening the corporate crypto treasury ecosystem. While Bitcoin and Ethereum remain the dominant assets in this space—Ethereum notably through companies such as BitMine and SharpLink—Solana has been gaining traction among institutional investors. Several publicly traded firms, including Upexi, DeFi Development Corp, and SOL Strategies, have already added Solana to their treasuries. Beyond direct holdings, these companies have incorporated SOL into their staking operations, contributing to network security and transaction validation while seeking additional yield. The rewards earned add to the treasury play. Acheter-Louer says it will provide regular updates on its SOL acquisitions as it looks to position itself as a key player. SOL price outlook As noted, the purchase coincides with Solana’s price dip. SOL traded at highs of $210 on August 14, 2025, but with top altcoins also dipping amid profit-taking, the Solana price has dropped to lows of $179. Crypto analysts say bears may target $150 and likely $120, but bulls may just flip the script amid digital asset treasury moves. Other catalysts will include SOL spot exchange-traded funds (ETFs) approvals and regulatory milestones, which could see the price rally above $200. The post French firm Acheter-Louer increases Solana holdings to 14,905 SOL appeared first on Invezz

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