Jupiter Litterbox Trust Increases JUP Holdings With Additional Token Purchases

Jupiter’s strategic reserve trust fund, Jupiter Litterbox Trust, added 186,546 JUP yesterday. According to Odaily, the trust has purchased a total of 1.23 million JUP so far this month. Odaily reported that the trust’s cumulative purchases have reached 145.03 million JUP to date. Jupiter Litterbox Trust is described as Jupiter’s official on-chain treasury fund. It automatically transfers 50% of Jupiter protocol revenue into the fund and uses smart contracts to continue buying and holding JUP tokens in the open market.