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The company reported that the deal was financed through the first tranche of $20 million as part of a bond issuance program of up to $500 million in partnership with the investment firm ATW Partners. SOL Strategies calls itself the only public company that provides investors access to Solana staking.
The SOL Strategies approach is similar to that of the American company Strategy, which raises funds through the issuance of bonds and stocks and directs them to acquire bitcoins. SOL Strategies operates in a similar way, using debt financing to accumulate Solana and develop validator business.