[Australian Company Acquires Over 200 Million PUMP Tokens]
According to reports from Jinse Finance, Australia's Fitell Corporation has purchased 216.8 million Solana-based PUMP tokens for $1.5 million. Previously, the company reached an agreement with U.S. institutional investors for up to $100 million in convertible note financing, with $10 million allocated for purchasing SOL. Fitell plans to transition from a fitness equipment e-commerce business to a digital asset treasury company and intends to rename itself Solana Australia Corporation.