Pineapple Begins $100M INJ Treasury Plan With $8.9M Token Purchase

TLDR Pineapple has made its first purchase of 678,353 INJ tokens worth $8.9 million. The company has officially launched its $100 million Injective Digital Asset Treasury strategy. Pineapple has immediately staked the entire INJ position onchain to generate yield. The firm aims to become the largest holder and staker of INJ tokens in the ecosystem. [...]

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