Pineapple Launches $100 Million Injective Digital Asset Treasury Strategy, Completing Its First Purchase of $INJ Tokens (2025-10-07)
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6 Articles
Pineapple Launches $100 Million Injective Digital Asset Treasury Strategy, Completing its First Purchase of $INJ Tokens (2025-10-07)
Pineapple Financial Inc., a leading fintech platform, today announced the completion of its first open market purchase of Injective tokens, acquiring 678,353$ INJ tokens worth approximately $8.9 million. "This initial Injective investment underscores our conviction in the strength of the$ INJ token's future and our ambition to create the world's largest...
Pineapple Financial Opens $100M INJ Treasury With $8.9M First Buy
Pineapple Financial said Tuesday that it has kicked off a high-profile foray into crypto treasuries by executing its first open-market purchase of Injective’s native token. In a brief post on X, the NYSE-listed fintech wrote, “Pineapple Financial $PAPL has executed its first strategic purchase of INJ from the open market, acquiring 678,353 $INJ worth approximately $8.9 Million. This is the first cash purchase in a series of planned open market a…
Pineapple makes first move in $100m Injective treasury play
Pineapple has executed its first open-market buy of 678,353 INJ tokens valued at $8.9 million. The purchase launches the company’s $100 million Injective treasury, which it said will be staked to generate yield and strengthen its onchain presence. According to…
Toronto-Based Fintech Pineapple Launches $100M Crypto Treasury with $8.9M INJ Purchase
Quick take: The company has completed an initial open market purchase of 678,353 Injective (INJ) tokens valued at about $8.9 million. All tokens will be deployed for staking at an expected annual yield of about 12.75%, Pineapple said on Tuesday. The company plans to become the largest INJ holder and staker, following its $100 million September 2025 private placement dedicated to the treasury. Pineapple Financial Inc. (NYSEAmerican: PAPL) has la…
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