SOL Strategies Deploys $20 Million Funding Round to Buy 122,524 SOL

SOL Strategies has acquired 122,524 SOL following a $20 million funding round, reinforcing its commitment to Solana infrastructure growth and hinting at ambitions for a future Nasdaq uplisting.

SOL Strategies Inc., a Canadian firm focused on advancing the Solana blockchain ecosystem, has made a bold move by purchasing 122,524 $SOL  tokens worth approximately $18.25 million.

According to the announcement shared on its website, the acquisition follows the initial $20 million closing of its $500 million convertible note facility with ATW Partners, finalized on May 1, 2025.

- From News Bitcoin

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