$SOL

Read in App
Trump 47
Finance
Learn
Newsletters
Advertise


BTC
$USD 94,047.89
-0.89%


XRP
$USD 2.17
-5.54%


Dogecoin
$USD 0.17
-4.78%


ETH
$USD 1,770.96
-2.35%


TRX
$USD 0.25
-0.32%


SOL
$USD 143.07
-3.61%


Render
RENDER
$USD 4.34
-2.70%


TON
$USD 3.17
-2.16%


Worldcoin
$USD 1.12
1.98%


Verse
VERSE
$USD 0.000071
-1.71%


PEPE
$USD 0.000009
-3.60%


BTC
$USD 94,047.89
-0.89%


XRP
$USD 2.17
-5.54%


Dogecoin
$USD 0.17
-4.78%


ETH
$USD 1,770.96
-2.35%


TRX
$USD 0.25
-0.32%


SOL
$USD 143.07
-3.61%


Render
RENDER
$USD 4.34
-2.70%


TON
$USD 3.17
-2.16%


Worldcoin
$USD 1.12
1.98%


Verse
VERSE
$USD 0.000071
-1.71%


PEPE
$USD 0.000009
-3.60%

Powered byDisclaimer






Crypto News
SOL Strategies Secures $500M to Increase Solana Holdings


By Frederick Munawa
Fri Apr 25 1:30:0 EST 2025
The funds were raised via convertible notes and will be used to purchase and subsequently stake solana tokens with the goal of generating yield.
Half-Billion Dollar Bet: SOL Strategies Gets Cash to Bulk up Solana Stash
Canadian crypto company SOL Strategies has secured a $500 million convertible note facility from New York-based investment firm ATW Partners, that will be used to purchase solana ( SOL) tokens for generating staking yield, according to a press release published on Wednesday.
The deal will be finalized on May 1, at which point SOL Strategies will receive an initial $20 million cash disbursement with a potential $480 million in follow-up tranches. Interest on the notes will be paid for in SOL generated from the staking yield.
