Point Farm Capital achieves 10x return on STONK
According to on-chain analyst Ember, Point Farm Capital invested 1 million USDC to acquire 37.21 million STONK at an average market capitalization of 21 million USD. With the current market cap reaching 240 million USD, the firm has realized a floating profit of 10 million USD, marking a 10x return on its initial investment.
Summaries are written by AI from the original article. Not investment advice.