SOLStrategies
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"New whale" of Solana? Canadian company borrows 500 million USD to accumulate SOL amidst market boom
While the crypto market is buzzing with a wave of meme coins and the recovery of large assets, SOL Strategies – an investment company from Canada – has just made a bold move: raising 500 million USD through a convertible loan to purchase more Solana (SOL), a coin that is favored by many investors and developers for its fast transaction speeds and low costs.
The "massive" loan expands SOL asset holdings
The "massive" loan expands SOL asset holdings
Sol Strategies raises CAD $27.5M via debt financing from ParaFi Capital
#SolStrategies secures CAD $27.5M by selling a convertible debt instrument to expand its footprint in the #Solana ecosystem. The entire amount has been committed by #ParaFiCapital . The funds will be used to grow the Company’s SOL treasury, expand revenue-generating validator operations, and for general working capital purposes.
The financing will involve the issuance of unsecured convertible debenture units (CD Units) for gross proceeds of CAD $27.5M. Each CD Unit includes a debenture with a principal amount of CAD $1,000 and 400 warrants. The Debentures carry an annual interest rate of 2.5%, payable semi-annually in cash or in common shares of the Company. They can be converted at any time into Shares at a conversion price of CAD $2.50 per Share. Each warrant grants the holder the right to purchase one Share at an exercise price of CAD $2.50, exercisable at any time up to five years after the Private Placement’s closing.
👉 newsfilecorp.com/release/236566
#SolStrategies secures CAD $27.5M by selling a convertible debt instrument to expand its footprint in the #Solana ecosystem. The entire amount has been committed by #ParaFiCapital . The funds will be used to grow the Company’s SOL treasury, expand revenue-generating validator operations, and for general working capital purposes.
The financing will involve the issuance of unsecured convertible debenture units (CD Units) for gross proceeds of CAD $27.5M. Each CD Unit includes a debenture with a principal amount of CAD $1,000 and 400 warrants. The Debentures carry an annual interest rate of 2.5%, payable semi-annually in cash or in common shares of the Company. They can be converted at any time into Shares at a conversion price of CAD $2.50 per Share. Each warrant grants the holder the right to purchase one Share at an exercise price of CAD $2.50, exercisable at any time up to five years after the Private Placement’s closing.
👉 newsfilecorp.com/release/236566
SOL Strategies Commits Over $100K in Jito Tokens, Expands Solana Ecosystem Push
SOL Strategies, a Canada-based digital asset firm, has made its first major move from its new Strategic Ecosystem Reserve (SER), deploying over $100,000 to acquire more than 52,000 Jito (JTO) tokens as part of its plan to strengthen critical infrastructure within the Solana blockchain. The purchase, confirmed on June 26, highlights SOL Strategies’ deep ties to the Solana network. CEO Leah Wald emphasized that the move goes beyond mere token accumulation. “We’re not just investing in tokens, we’re investing in the infrastructure driving transaction processing for millions of Solana users,” Wald said.
Announcing our Strategic Ecosystem Reserve (SER) with the initial acquisition of 52,181 JTO tokens!As infrastructure builders deeply embedded in Solana, we're investing in the foundational projects driving the ecosystem forward. @JitoNetwork's MEV infrastructure is critical to… pic.twitter.com/2MTedyy7oZ— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) June 26, 2025
The company’s validator operations currently manage more than 3.7 million SOL, making it one of the largest institutional stakeholders in the ecosystem. Its validator partners include major names like Pudgy Penguins, and its Laine validator was the first to run Jito on the Solana mainnet back in 2022.
Unlike previous treasury purchases, the new SER will be funded through validator revenues instead of the company’s SOL holdings, a strategy that Wald says enables growth without weakening its core SOL position.
Jito: Solana’s MEV Powerhouse
Jito is Solana’s leading MEV (Maximal Extractable Value) infrastructure and liquid staking provider. With more than $2.6 billion in total value locked (TVL) according to DeFiLlama, Jito remains one of Solana’s top contributors to stake pool innovation through tools like Stakenet.
SOL Strategies, formerly Cypherpunk Holdings, pivoted fully to Solana in late 2024, rebranding to reflect its sharper focus. The company also runs the validator analytics platform Stakewiz and the Orangefin mobile app.
Going Bigger: Nasdaq Listing & Tokenized Shares
The Jito deployment is only one piece of a larger ambition. SOL Strategies is actively seeking a U.S. footprint, filing to list on the Nasdaq under the ticker “STKE.” Already listed on the Canadian Securities Exchange as HODL, it holds over 420,000 SOL tokens and has become one of the largest institutional Solana investors.
In May, the company filed a preliminary $1 billion shelf prospectus to give itself flexibility for future capital raises through equity or debt offerings. Although there are no immediate plans to tap the shelf, Wald says it creates “long-term runway” for validator growth, acquisitions, and further ecosystem investments.
The firm’s stake-driven revenues have soared to $1.85 million this quarter from just $67,000 a year ago, though heavy investment and infrastructure costs pushed total expenses to $6.21 million.
In April, SOL Strategies secured a $500 million convertible note facility from ATW Partners, uniquely structured to pay interest in SOL and align investor returns with Solana’s network growth.
Additionally, the firm has signed a memorandum of understanding with Superstate to explore tokenizing its shares directly on Solana, positioning it on the frontier of bringing public equity onto the blockchain.
More Allocations Ahead
Wald says the reserve will stay flexible, with more ecosystem-supporting deployments expected soon. “This isn’t just about accumulating tokens,” the company reiterated in its announcement. “It’s about strategically backing the projects that are crucial to Solana’s growth and performance.”
As SOL Strategies advances its mission, the firm appears poised to cement its position as a major institutional force helping shape Solana’s future.
The post appeared first on CryptosNewss.com
#SOLStrategies #solana $SOL
Announcing our Strategic Ecosystem Reserve (SER) with the initial acquisition of 52,181 JTO tokens!As infrastructure builders deeply embedded in Solana, we're investing in the foundational projects driving the ecosystem forward. @JitoNetwork's MEV infrastructure is critical to… pic.twitter.com/2MTedyy7oZ— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) June 26, 2025
The company’s validator operations currently manage more than 3.7 million SOL, making it one of the largest institutional stakeholders in the ecosystem. Its validator partners include major names like Pudgy Penguins, and its Laine validator was the first to run Jito on the Solana mainnet back in 2022.
Unlike previous treasury purchases, the new SER will be funded through validator revenues instead of the company’s SOL holdings, a strategy that Wald says enables growth without weakening its core SOL position.
Jito: Solana’s MEV Powerhouse
Jito is Solana’s leading MEV (Maximal Extractable Value) infrastructure and liquid staking provider. With more than $2.6 billion in total value locked (TVL) according to DeFiLlama, Jito remains one of Solana’s top contributors to stake pool innovation through tools like Stakenet.
SOL Strategies, formerly Cypherpunk Holdings, pivoted fully to Solana in late 2024, rebranding to reflect its sharper focus. The company also runs the validator analytics platform Stakewiz and the Orangefin mobile app.
Going Bigger: Nasdaq Listing & Tokenized Shares
The Jito deployment is only one piece of a larger ambition. SOL Strategies is actively seeking a U.S. footprint, filing to list on the Nasdaq under the ticker “STKE.” Already listed on the Canadian Securities Exchange as HODL, it holds over 420,000 SOL tokens and has become one of the largest institutional Solana investors.
In May, the company filed a preliminary $1 billion shelf prospectus to give itself flexibility for future capital raises through equity or debt offerings. Although there are no immediate plans to tap the shelf, Wald says it creates “long-term runway” for validator growth, acquisitions, and further ecosystem investments.
The firm’s stake-driven revenues have soared to $1.85 million this quarter from just $67,000 a year ago, though heavy investment and infrastructure costs pushed total expenses to $6.21 million.
In April, SOL Strategies secured a $500 million convertible note facility from ATW Partners, uniquely structured to pay interest in SOL and align investor returns with Solana’s network growth.
Additionally, the firm has signed a memorandum of understanding with Superstate to explore tokenizing its shares directly on Solana, positioning it on the frontier of bringing public equity onto the blockchain.
More Allocations Ahead
Wald says the reserve will stay flexible, with more ecosystem-supporting deployments expected soon. “This isn’t just about accumulating tokens,” the company reiterated in its announcement. “It’s about strategically backing the projects that are crucial to Solana’s growth and performance.”
As SOL Strategies advances its mission, the firm appears poised to cement its position as a major institutional force helping shape Solana’s future.
The post appeared first on CryptosNewss.com
#SOLStrategies #solana $SOL
🚨#GalaxyDigital is in talks with the SEC to tokenize its own stock and other equities, per report. They join #SolStrategies in the race to be the first NASDAQ regulated #tokenized equity traded onchain.
$ETH $SOL
$ETH $SOL
🚨 GALAXY DIGITAL CEO : Gold is a $22 trillion asset and Bitcoin is a $2 trillion asset. It looks like Bitcoin is about to… make the next leg to $130K-$150K, at that point we are in price discovery - Mike Novogratz
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Sol Strategies Expands its SOL Portfolio: A Solid Investment Strategy 🚀
Sol Strategies, a publicly traded Canadian company, has announced the acquisition of an additional 40,300 SOL tokens between January 19 and January 31, 2025. The purchase was made at a total cost of approximately 14,337,332 Canadian dollars (9,935,329 USD), with an average price of 355.77 CAD (246.53 USD) per SOL, including fees and expenses. 📊
Additionally, the company completed a second phase of private placement of convertible bonds, raising 2.5 million dollars. The proceeds were used to acquire 6,564.47 SOL at an average price of 380.84 CAD (265.65 USD) per token. As of January 31, 2025, Sol Strategies and its subsidiaries own approximately 189,968 SOL tokens, with a total purchase cost of around 48.7 million CAD and an estimated value of 63.7 million CAD. 💰
Event Analysis
For Sol Strategies:
Liquidity Management: The acquisition of SOL at a competitive average price suggests that the company is seizing market opportunities to strengthen its financial position.
Strategic Expansion: The purchase of SOL tokens and the placement of convertible bonds indicate a long-term growth strategy, possibly to diversify its portfolio and increase its exposure to cryptocurrency.
Confidence in SOL: The significant investment in SOL reflects Sol Strategies' confidence in the growth potential of the cryptocurrency and its ecosystem.
For SOL and the Ecosystem:
Ecosystem Growth: The increase in institutional demand may drive the development and expansion of the Solana ecosystem, attracting more projects and users.
Market Impact: The purchase of a significant amount of SOL may have a positive effect on the price of the cryptocurrency, although the short-term impact will depend on other market factors.
$SOL
Sol Strategies, a publicly traded Canadian company, has announced the acquisition of an additional 40,300 SOL tokens between January 19 and January 31, 2025. The purchase was made at a total cost of approximately 14,337,332 Canadian dollars (9,935,329 USD), with an average price of 355.77 CAD (246.53 USD) per SOL, including fees and expenses. 📊
Additionally, the company completed a second phase of private placement of convertible bonds, raising 2.5 million dollars. The proceeds were used to acquire 6,564.47 SOL at an average price of 380.84 CAD (265.65 USD) per token. As of January 31, 2025, Sol Strategies and its subsidiaries own approximately 189,968 SOL tokens, with a total purchase cost of around 48.7 million CAD and an estimated value of 63.7 million CAD. 💰
Event Analysis
For Sol Strategies:
Liquidity Management: The acquisition of SOL at a competitive average price suggests that the company is seizing market opportunities to strengthen its financial position.
Strategic Expansion: The purchase of SOL tokens and the placement of convertible bonds indicate a long-term growth strategy, possibly to diversify its portfolio and increase its exposure to cryptocurrency.
Confidence in SOL: The significant investment in SOL reflects Sol Strategies' confidence in the growth potential of the cryptocurrency and its ecosystem.
For SOL and the Ecosystem:
Ecosystem Growth: The increase in institutional demand may drive the development and expansion of the Solana ecosystem, attracting more projects and users.
Market Impact: The purchase of a significant amount of SOL may have a positive effect on the price of the cryptocurrency, although the short-term impact will depend on other market factors.
$SOL
🔥🚀 SOL Strategies Loads Up 122K SOL in $18M Buy—Convertible Note Play Unleashed! 🚀🔥
🛒 Massive Accumulation: Toronto-listed SOL Strategies just purchased 122,524 SOL for $18.25 million at an average price of $148.96—betting big on Solana’s upside!
💼 Debt-Fueled Move: This haul follows the $20 million closing of a $500 million convertible note facility with ATW Partners, showcasing a Michael Saylor–style capital markets playbook for crypto!
📉 Stock Reaction: Despite the strategic buy, SOL Strategies’ shares slid 10% to CA$2.60 in early trading—yet they’re still up nearly 80% over the past two weeks!
🎙️ CEO Confidence: “With this tranche closed, we’re executing as promised—expanding our validator operations, boosting SOL holdings, and driving Solana innovation,” declared CEO Leah Wald.
🔗 Validator Boost: Acquiring more SOL directly amps up the firm’s proof-of-stake validator footprint, unlocking higher staking yields and network influence.
🚀 Strategic Three-Pillar: Enterprise-grade validators, strategic SOL hoarding, and cutting-edge Solana tech—a trifecta designed to supercharge shareholder value.
🌐 Industry Trend: SOL Strategies isn’t alone—real-estate fintech Janover (now DeFi Dev Corp) pivoted to accumulate SOL and build a validator business last month.
💡 Bullish Signal: Public companies are now using debt financing to stack tokens—watch for more convertible note deals as corporates chase crypto exposure!
💬 Your Take: Is SOL Strategies’ debt-driven buy the blueprint for the next wave of crypto corporates? Comment below!
🔁 REPOST to spread the alpha on this blockbuster SOL acquisition!
👀 FOLLOW@FaisalCrypto007 for nonstop on-chain insights and trade-ready alerts.
#sol #SolStrategies #CryptoTreasury #BinanceSquare #Faisalcrypto007
$SOL $SYRUP $ALPINE
🛒 Massive Accumulation: Toronto-listed SOL Strategies just purchased 122,524 SOL for $18.25 million at an average price of $148.96—betting big on Solana’s upside!
💼 Debt-Fueled Move: This haul follows the $20 million closing of a $500 million convertible note facility with ATW Partners, showcasing a Michael Saylor–style capital markets playbook for crypto!
📉 Stock Reaction: Despite the strategic buy, SOL Strategies’ shares slid 10% to CA$2.60 in early trading—yet they’re still up nearly 80% over the past two weeks!
🎙️ CEO Confidence: “With this tranche closed, we’re executing as promised—expanding our validator operations, boosting SOL holdings, and driving Solana innovation,” declared CEO Leah Wald.
🔗 Validator Boost: Acquiring more SOL directly amps up the firm’s proof-of-stake validator footprint, unlocking higher staking yields and network influence.
🚀 Strategic Three-Pillar: Enterprise-grade validators, strategic SOL hoarding, and cutting-edge Solana tech—a trifecta designed to supercharge shareholder value.
🌐 Industry Trend: SOL Strategies isn’t alone—real-estate fintech Janover (now DeFi Dev Corp) pivoted to accumulate SOL and build a validator business last month.
💡 Bullish Signal: Public companies are now using debt financing to stack tokens—watch for more convertible note deals as corporates chase crypto exposure!
💬 Your Take: Is SOL Strategies’ debt-driven buy the blueprint for the next wave of crypto corporates? Comment below!
🔁 REPOST to spread the alpha on this blockbuster SOL acquisition!
👀 FOLLOW@FaisalCrypto007 for nonstop on-chain insights and trade-ready alerts.
#sol #SolStrategies #CryptoTreasury #BinanceSquare #Faisalcrypto007
$SOL $SYRUP $ALPINE
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SOL Strategies files to raise $1 billion – Preparing to 'act quickly' with Solana
SOL Strategies, a publicly listed company in Canada specializing in investing in the Solana ecosystem, has just submitted a $1 billion base shelf prospectus, allowing the company to flexibly raise capital in the future without needing to seek approval for each issuance.
Objective: Accelerate investment in Solana
According to CEO Leah Wald, this move is aimed at helping the company 'respond quickly to new investment opportunities in the rapidly growing Solana ecosystem.' Although there are no immediate plans to issue securities, this filing enables #SOLStrategies to be ready to issue common stock, bonds, warrants, or registration receipts as needed.
Objective: Accelerate investment in Solana
According to CEO Leah Wald, this move is aimed at helping the company 'respond quickly to new investment opportunities in the rapidly growing Solana ecosystem.' Although there are no immediate plans to issue securities, this filing enables #SOLStrategies to be ready to issue common stock, bonds, warrants, or registration receipts as needed.
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SOL Strategies files for stock listing on Nasdaq
Shares of SOL Strategies (formerly Cypherpunk Holdings), a digital asset investment company in Canada, recently recorded an increase of over 4% after filing with the U.S. Securities and Exchange Commission (SEC) with the goal of listing on Nasdaq. This is an important step to expand influence and attract investors in the U.S. stock market.
Listing journey and stock situation
According to the announcement on June 18, #SOLStrategies has submitted a 40-F filing to the SEC. This is a legal requirement for Canadian companies wishing to list on the U.S. stock exchange. If approved, the company's shares will trade on Nasdaq under the ticker STKE.
Listing journey and stock situation
According to the announcement on June 18, #SOLStrategies has submitted a 40-F filing to the SEC. This is a legal requirement for Canadian companies wishing to list on the U.S. stock exchange. If approved, the company's shares will trade on Nasdaq under the ticker STKE.
Pudgy Penguins Partner with Sol Strategies for Solana Validator Launch
According to Odaily, Sol Strategies has officially announced a new collaboration with Pudgy Penguins. This partnership aims to enhance the pengu ecosystem through the launch of a dedicated Solana validator. The validator is now operational and forms an integral part of Sol Strategies' white-label validator program.
The Significance of the Pengu Validator
The pengu validator is designed to provide secure and high-performance validation infrastructure within the Solana network. By implementing advanced technologies, this validator not only supports Pudgy Penguins but also plays a crucial role in ensuring the overall reliability of the pengu ecosystem. Such initiatives mark a significant milestone for both entities as they navigate the complexities of the blockchain landscape.
Pudgy Penguins' Expansion into Solana
This collaboration emphasizes Pudgy Penguins' commitment to expanding their presence within the Solana ecosystem. As more decentralized applications and platforms emerge, the integration of robust validation services will be vital. The partnership with Sol Strategies not only strengthens the pengu ecosystem but also showcases the growing importance of strategic alliances in the crypto space.#SOL #SolStrategies
According to Odaily, Sol Strategies has officially announced a new collaboration with Pudgy Penguins. This partnership aims to enhance the pengu ecosystem through the launch of a dedicated Solana validator. The validator is now operational and forms an integral part of Sol Strategies' white-label validator program.
The Significance of the Pengu Validator
The pengu validator is designed to provide secure and high-performance validation infrastructure within the Solana network. By implementing advanced technologies, this validator not only supports Pudgy Penguins but also plays a crucial role in ensuring the overall reliability of the pengu ecosystem. Such initiatives mark a significant milestone for both entities as they navigate the complexities of the blockchain landscape.
Pudgy Penguins' Expansion into Solana
This collaboration emphasizes Pudgy Penguins' commitment to expanding their presence within the Solana ecosystem. As more decentralized applications and platforms emerge, the integration of robust validation services will be vital. The partnership with Sol Strategies not only strengthens the pengu ecosystem but also showcases the growing importance of strategic alliances in the crypto space.#SOL #SolStrategies
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#SOLStrategies #Securitize #Bitdeer #Upexi #Alpaca #NousResearch #Symbiotic #Theo
#SOLStrategies #Securitize #Bitdeer #Upexi #Alpaca #NousResearch #Symbiotic #Theo
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'MicroStrategy version of Solana' emerges: Canadian investment fund borrows 500 million USD to buy SOL
The crypto market has just received news that could create a new wave in the Solana ecosystem: the Canadian investment fund SOL Strategies has just announced it successfully raised 500 million USD through a convertible bond – with the sole purpose: to buy and hold Solana (SOL).
This is not just a large deal. It also marks the first milestone when such a loan is directly linked to the staking yield of Solana, according to the company's CEO – Ms. Leah Wald.
This is not just a large deal. It also marks the first milestone when such a loan is directly linked to the staking yield of Solana, according to the company's CEO – Ms. Leah Wald.
🚀 Solana Treasury Firm Sol Strategies Eyes Nasdaq Listing
📢 Canada-based Sol Strategies, a prominent Solana Treasury firm, has filed a Form 40-F with the U.S. SEC, seeking approval to list on Nasdaq under the ticker STKE.
🔹 Already trading on the Canadian Securities Exchange under HODL, the company’s stock surged 4.2% to $2.38 following the news.
🔹 Backed by a strong crypto treasury of 420,000 $SOL (worth ~$63M), Sol Strategies is positioning itself as a pioneer in public blockchain treasuries.
📈 As traditional markets continue integrating Web3-native firms, this move could mark a major step toward mainstream adoption of crypto-treasury models.
#Solana #SolStrategies #Crypto #Nasdaq #SEC
https://coingape.com/solana-treasury-firm-with-420000-sol-files-with-us-sec-for-nasdaq-listing/
📢 Canada-based Sol Strategies, a prominent Solana Treasury firm, has filed a Form 40-F with the U.S. SEC, seeking approval to list on Nasdaq under the ticker STKE.
🔹 Already trading on the Canadian Securities Exchange under HODL, the company’s stock surged 4.2% to $2.38 following the news.
🔹 Backed by a strong crypto treasury of 420,000 $SOL (worth ~$63M), Sol Strategies is positioning itself as a pioneer in public blockchain treasuries.
📈 As traditional markets continue integrating Web3-native firms, this move could mark a major step toward mainstream adoption of crypto-treasury models.
#Solana #SolStrategies #Crypto #Nasdaq #SEC
https://coingape.com/solana-treasury-firm-with-420000-sol-files-with-us-sec-for-nasdaq-listing/
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SOLStrategies Reveals Strategic Solana Ecosystem Reserve Initiative
The company #SOLStrategies that invested millions of dollars as part of its strategic reserve strategy will now also list decentralized projects focused on Solana as part of these new efforts to support the broader #Solana ecosystem and leverage its growth.
SOLStrategies launches the strategic ecosystem reserve for Solana, acquiring Jito tokens
SOLStrategies launches the strategic ecosystem reserve for Solana, acquiring Jito tokens
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NEW: Sol Strategies expanded its data validation operations by adding 212,764 SOL in January and deploying Firedancer to improve speed and efficiency, while increasing its holdings by 21,200 SOL.
#SolStrategies #Firedancer
#SolStrategies #Firedancer
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#SolStrategies
Registered at #BursaEfek #Kanada #mengakuisisi
21,200 #SOL
bringing total holdings to 189,968 SOL worth $63.7 million CAD.
Registered at #BursaEfek #Kanada #mengakuisisi
21,200 #SOL
bringing total holdings to 189,968 SOL worth $63.7 million CAD.
MAJOR CRYPTO FUNDRAISING EVENTS IN APRIL
#HiddenRoad #SOLStrategies #Securitize #Bitdeer #Auradine #ZenMEV $ZMEV #Upexi #Felix #INX $INX #LayerZero $ZRO #Alpaca #NousResearch #WunderSocial #Blackbird #Bitfarms #Meanwhile
#HiddenRoad #SOLStrategies #Securitize #Bitdeer #Auradine #ZenMEV $ZMEV #Upexi #Felix #INX $INX #LayerZero $ZRO #Alpaca #NousResearch #WunderSocial #Blackbird #Bitfarms #Meanwhile
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