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US-listed company Mangoceuticals is planning to launch a $100 million crypto treasury strategy, with a focus on investing in SOL.
BlockBeats News, December 19th, Nasdaq-listed company Mangoceuticals announced that it will partner with Cube Group to establish the subsidiary Mango DAT to advance the construction of a $1 billion Cryptocurrency Treasury (DAT) strategy, focusing on investing in SOL. The related funds will be raised through an ATM financing plan and the sale of common stock. The company has also reportedly filed a "MULTI-DAT" trademark application with the United States Patent and Trademark Office to promote a series of strategic digital asset and DeFi plans.
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