Jupiter Strategic Reserve Trust Fund increased its holdings by approximately 177,500 JUP, bringing its total position value to about $31.4 million.

BlockBeats news, on June 28, Jupiter Strategic Reserve Trust Fund Jupiter Litterbox Trust increased its holdings yesterday by 177,570 JUP, worth approximately $39,000. This month, the fund has already purchased a total of 13,346,232 JUP, worth about $2.93 million. So far, its cumulative purchase amount is 142,703,464 JUP, valued at roughly $31.4 million.

The Jupiter Strategic Reserve Trust Fund is the official on-chain treasury fund of Jupiter, which automatically transfers 50% of the Jupiter protocol's revenue. Through smart contracts, it continually buys and holds JUP tokens in the open market for the long term. The community often jokingly refers to it as the "Litterbox Trust."