Prominent HODL Strategy of Sol Strategies Inc. Ahead of Breakthrough in the Cryptocurrency Market
Introduction to Sol Strategies Inc. and the Official Securities Registration Plan in the U.S.
Sol Strategies Inc. (CSE: HODL), a leading Canadian company in cryptocurrency fund management, has just filed a Form 40-F with the U.S. Securities and Exchange Commission (SEC). This move aims to register securities for trading in the U.S. market and is expected to list on Nasdaq under the symbol STKE. This strategic move not only expands market scale but also helps the company leverage the power of widespread acceptance of digital assets in the global investment community.
Currently, the registration in the U.S. market will drive the vertical growth momentum of Solana (SOL) in the cryptocurrency segment. This creates a golden opportunity for investors to seize the long-term investment trend in the Solana ecosystem.
Expected Impact on the Solana Market
Stronger from Sol Strategies' Accumulation Strategy
According to sources, Sol Strategies has decided to divest from the Bitcoin project to bolster its SOL reserves. As of the end of May, the company added an additional 26,478 SOL with a total value of approximately $4.7 million, raising its total SOL holdings to about 420,355 Coins. Rather than diversifying, they emphasize strengthening their position within the Solana ecosystem, a potential Layer 1 platform with high scalability.
Explore Sol Strategies' Cryptocurrency Scaling Strategy
During the registration process, Sol Strategies also submitted a preliminary draft of a short-form base shelf prospectus in Canada to raise a maximum of $1 billion over the next two years. The company intends to take advantage of the stock market's development to increase its SOL reserves, thereby enhancing trading and investment capabilities within the Solana ecosystem.
Ambition to Expand Market Share in the Race for Solana Ownership
Sol Strategies' entry into the U.S. market promises to significantly increase the momentum in the race to accumulate SOL Tokens. The company expects to compete with DeFi Development Corp. (NASDAQ: DFDV), an entity holding over 400,000 SOL, to enhance its reserve fund and capitalize on the growth potential of the U.S. capital market. Thus, investors will have the opportunity to access high liquidity DeFi projects, while cryptocurrency strategists enhance their long-term profitability.
Source: https://tintucbitcoin.com/chien-luoc-sol-nop-40-f-tren-nasdaq/
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