Fitell Shifts Focus to Crypto Treasury

[chainsniff]

Fitell recently announced a crypto pivot, issuing a $100M convertible note to grow its Solana holdings.

The company plans to use 70% of transaction proceeds for digital currencies and the rest for crypto operations and working capital.

New advisers David Swaney and Cailen Sullivan will optimize the digital asset treasury with yield strategies and DeFi risk assessments.

[EmTeam]

Fitell going all-in $100M convertible note with 70% into Solana + crypto ops. Serious treasury pivot toward Web3.

[Abdul Khan]

New advisers + yield strategies = Fitell isn’t just buying SOL, they’re building a full digital asset treasury play.