08:48 AM EDT, 09/16/2025 (MT Newswires) -- Silo Pharma ( SILO ) said Tuesday it made initial purchases of ethereum (ETH-USD) and solana (SOL-USD) tokens as part of a recently announced cryptocurrency treasury strategy.

The acquisition of the tokens is the first step toward incorporating cryptocurrency into its treasury holdings, the company said.

Silo Pharma ( SILO ) Chief Executive Officer Eric Weisblum said the company has already started staking the tokens for revenue generation and capital appreciation.

Shares were down 3.9% in recent premarket activity.