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M&A / Property

Spetz buys 1.35 million Sonic tokens

SONI · Price

Executive Summary

  • SonicStrategy Inc. (a subsidiary of Spetz Inc.) acquired 1.35 million $S tokens at an average price of $0.148 USD per token on October 10, 2025, during a market pullback.
  • Mitchell Demeter has transitioned from CEO of SonicStrategy to CEO of Sonic Labs, while simultaneously assuming the role of Executive Chairman of SonicStrategy to align leadership between the two entities.
  • The company positions itself as a digital asset treasury (DAT+) with exposure to over 168 million $S tokens, citing strong backing from CMCC Global’s Resonance Fund and robust technology suitable for enterprise needs.

Key Details

  • Token Acquisition:
    • Quantity: 1.35 million $S tokens.
    • Average Purchase Price: $0.148 USD per token.
    • Total Estimated Cost: Approximately $199,800 USD.
    • Date of Purchase: Friday, October 10, 2025.
  • Management Changes:
    • Mitchell Demeter appointed Chief Executive Officer of Sonic Labs.
    • Mitchell Demeter appointed Executive Chairman of SonicStrategy.
    • Dustin Zinger remains Chief Executive Officer of SonicStrategy.
  • Strategic Positioning:
    • SonicStrategy is positioning itself as a next-generation digital asset treasury (DAT+) connected to the Sonic blockchain.
    • The company reports exposure to more than 168 million $S tokens.
    • Strategic alignment reinforced by CMCC Global’s backing through the new Resonance Fund.
  • Future Outlook:
    • The company expects to provide a comprehensive update on all holdings and assets in the coming weeks.
    • Management expresses high optimism regarding the Sonic ecosystem's turnaround and enterprise suitability.

Notable Quotes

  • Mitchell Demeter, Executive Chairman of SonicStrategy and CEO of Sonic Labs: "Sonic is in an exceptional position, backed by proven technology and a strong treasury... I've never been more optimistic on Sonic and believe the turnaround will come faster than most expect."
  • Dustin Zinger, CEO of SonicStrategy: "I'm extremely optimistic about the future of both SonicStrategy and Sonic... With Mitchell now leading Sonic Labs and CMCC Global backing the ecosystem through their new Resonance Fund, our alignment and momentum have never been stronger."
Read the original news release →

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