Production / Operations
TenX Acquires Additional Solana (SOL) and Delegates to BONK Validator to Support Ecosystem Growth

TNX · Price
Executive Summary
- TenX Protocols Inc. will delegate approximately 10,000 SOL tokens to the BONK Solana validator to generate staking rewards and support the BONK ecosystem.
- The company acquired an additional 6,271.67 SOL at an average cost of roughly US$132.34 per SOL, raising its total SOL holdings to about 26,122.05 SOL.
- TenX now holds approximately 219 billion BONK tokens, reinforcing its long‑term digital‑asset value proposition.
Key Details
- Delegation: ~10,000 SOL tokens will be delegated to the BONK Solana validator (“Validator”).
- Acquisition: 6,271.67 SOL purchased between Jan 2 and Feb 2 2026 via open‑market and OTC trades at an average price of US$132.34 per SOL.
- Funding: The SOL purchase was funded with cash on hand from a financing round that closed on Aug 18 2025.
- Total SOL holdings after acquisition: ~26,122.05 SOL.
- BONK token balance: Approximately 219 billion BONK tokens owned by TenX.
- Strategic rationale: Delegating SOL enables TenX to earn protocol‑level staking rewards while supporting the BONK ecosystem, aligning with its broader digital‑asset revenue generation strategy.
Notable Quotes
“Our objective is to support digital assets where TenX can participate operationally through staking and ecosystem partnerships,” said Mat Cybula, CEO of TenX. “By delegating SOL to the Validator, we are able to earn protocol‑level staking rewards while directly supporting the BONK ecosystem.”
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Jun 03, 2026 · 07:01