Forward Solana treasury stock jumps 8% as smaller DATs reject acquisition bids
The Block·
60-second summary
The largest Solana DAT Forward treasury stock jumps 8% on Tuesday as smaller DATs reject acquisition bids, with 3 out of 5 smaller DATs declining the offers. This unexpected move is causing a stir in the Solana market, potentially shifting the balance of power among DATs. Market implications are still unfolding, with SOL price volatility expected to rise.
Solana DAT stocks are moving on Tuesday as the largest SOL DAT Forward works to keep its acquisition bids alive.