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Pineapple Financial Completes $2M Open-Market Purchase Of Injective Tokens
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Acquires 560,647 INJ at average price of $3.567 per token as part of ongoing digital asset treasury strategy; $20.79 million in capital reserves available for future purchases

Toronto, Ontario--(Newsfile Corp. - February 19, 2026) - Pineapple Financial Inc. (NYSE:PAPL) ("Pineapple" or the "Company") today announced that it has completed a $2 million open-market purchase of Injective (INJ) tokens. The acquisition of 560,647 INJ at a weighted average purchase price of $3.567 per token represents the latest milestone in the Company's ongoing digital asset treasury strategy.

This purchase further strengthens Pineapple's position as a leading publicly traded company with a dedicated digital asset treasury program. The Company's treasury currently maintains $20.79 million in capital reserves available for its continued market cash purchase program for INJ, underscoring management's long-term conviction in the Injective ecosystem.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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