TechFlow news, September 5 — According to Investing.com, iSpecimen Inc. (ISPC), a biospecimen procurement company, announced it is evaluating investment proposals from multiple cryptocurrency firms to advance its $200 million digital asset treasury initiative. The company is simultaneously advancing a Solana-based treasury project and plans to purchase SOL tokens through over-the-counter transactions, including locked SOL with transfer restrictions.
CEO Robert Lim stated that while acquiring locked SOL is attractive, the company is still exploring other opportunities. iSpecimen intends to adopt a buy-and-hold strategy, funding the treasury through periodic fundraising rounds and staking SOL to generate yield.
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