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Mangoceuticals, Inc., a company known for its telemedicine services for men’s health, recently announced a significant change in its strategy. The company is partneringMangoceuticals, Inc., a company known for its telemedicine services for men’s health, recently announced a significant change in its strategy. The company is partnering

Mangoceuticals Launches $100M Solana-Focused Digital Asset Treasury Strategy

Author: Coinstats

Source: Coinstats

2025/12/20 02:10

INC$0.5839-0.11%

CHANGE$0.00138448+0.90%

SOL$125.91+6.66%

MORE$0.002559-31.24%

MULTI$0.03852+0.44%

Mangoceuticals, Inc., a company known for its telemedicine services for men’s health, recently announced a significant change in its strategy. The company is partnering with The Cube Group to start a digital asset treasury (DAT) initiative focused on the Solana network. The company plans to acquire up to $100 million in SOL coins.

A new subsidiary, Mango DAT, LLC, will oversee the effort. The goal is to achieve annual staking yields of 7-8%, with the potential to increase to 8-20% through innovative management in the Solana ecosystem.

Partnership and Treasury Strategy Details

The partnership between Mangoceuticals and The Cube Group aims to combine health-focused business practices with blockchain technology and to capitalize on the growing trend of Solana treasuries, promoting sustainable growth while preserving shareholder equity.

Mangoceuticals is embarking on a new journey into the world of crypto, and plans to share more updates as it works on its MULTI-DAT projects and explores blockchain opportunities. The company’s CEO, Jacob Cohen, believes the current market is a good opportunity to invest, as it could lead to higher returns.

Mangoceuticals, however, warned that reaching $100 million is not certain due to expected risks, including changes in cryptocurrency prices, new regulations, and potential legal or compliance issues with Nasdaq. It introduced a new plan called “MULTI-DAT,” which is waiting for trademark approval.

Market Response

The Cube Group, led by CEO Lipinski, specializes in digital asset fund management with a focus on Solana. Its strategy aims to generate returns through staking and DeFi while maintaining shareholder value. The company plans to raise funds through capital raises, including shelf registrations and at-the-market offerings.

Meanwhile, following the launch announcement, the company’s MGRX shares rose 7.38% to close at $1.31, with trading volume significantly exceeding the norm at over 1.1 million shares. Market capitalization was close to $18 million, underscoring its status as a small-cap player amid a surge in interest in cryptocurrencies.

Analysts are comparing Mangoceuticals’ approach to Strategy’s Bitcoin plan, noting that Solana offers specific benefits, such as native yields and a strong ecosystem. The company plans to deepen its presence in the DeFi space and advance its MULTI-DAT strategy.

The post Mangoceuticals Launches $100M Solana-Focused Digital Asset Treasury Strategy appeared first on CoinTab News.

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