🚀 SOL STRATEGIES COMPANY (CANADA) FILES FOR NASDAQ, STOCK RISES 4%
🟢 Sol Strategies, a company investing in the Solana ecosystem, has just submitted Form 40-F to the SEC for listing its stock on Nasdaq with the expected ticker STKE.
🟢 Following this news, the company's stock rose by 4.39%, closing at 2.38 CAD, although it is still down 17% since the beginning of the year and 61% from its all-time high.
🟢 Sol Strategies currently holds over 420,000 SOL (~61 million USD) and is expected to raise up to 1 billion USD in the near future to boost investment in the Solana ecosystem.
➡️ Previously, the company issued 500 million USD in convertible bonds to purchase and stake SOL. Experts from Cantor Fitzgerald highly value Solana's growth potential in the financial industry due to its high speed and low costs.