BlockBeats News, June 28, The Jupiter Strategic Reserve Trust Fund, Jupiter Litterbox Trust, increased its holdings by 177,570 JUP yesterday, worth approximately $39,000. So far this month, it has accumulated purchases of 13,346,232 JUP, worth around $2.93 million. To date, its total purchases amount to 142,703,464 JUP, valued at approximately $31.4 million.

The Jupiter Strategic Reserve Trust Fund is the official on-chain treasury fund of Jupiter. It automatically allocates 50% of Jupiter Protocol revenue to continuously buy and hold JUP tokens on the open market through a smart contract. The fund is often humorously referred to by the community as the "Litterbox Trust."