Tenx to delegate 10,000 Solana tokens to Bonk validator

Executive Summary

• Tenx Protocols Inc. acquired an additional 6,271.67 SOL tokens at an average cost of ~$132.34 USD per SOL, bringing its total SOL holdings to approximately 26,122.05 SOL.
• The company delegated approximately 10,000 SOL to the Bonk Solana validator to support ecosystem growth and generate protocol-native staking revenue.
• The acquisition was financed using cash on hand from a previously completed financing closed on August 18, 2025, and the company retains a significant holding of approximately 219 billion Bonk tokens.

Key Details

• SOL Acquisition: Acquired 6,271.67 SOL via open-market and over-the-counter purchases.
• Acquisition Cost: Average price of approximately $132.34 (U.S.) per SOL.
• Total SOL Holdings: Approximately 26,122.05 SOL as of the date of the release.
• Delegation: Delegated ~10,000 SOL to the Bonk Solana validator.
• Strategic Purpose: To generate recurring, protocol-native revenue through staking rewards and support the long-term growth of the Bonk ecosystem.
• Bonk Holdings: Tenx currently owns approximately 219 billion Bonk tokens.
• Funding Source: The SOL acquisition was financed using cash on hand from a financing that closed on August 18, 2025.
• Partnership Context: The move continues a broader relationship with "Bonk Contributors" to advance educational initiatives and promote Tenx's staking and infrastructure services.

Notable Quotes

• "Our objective is to support digital assets where Tenx can participate operationally through staking and ecosystem partnerships. By delegating SOL to the validator, we are able to earn protocol-level staking rewards while directly supporting the Bonk ecosystem." — Mat Cybula, CEO