🚀ACCELERATE WANTS TO RAISE 1.5 BILLION USD TO BUY SOLANA
🟢 Accelerate plans to raise 1.5 billion USD to buy SOL, following the model of Strategy (currently holding 71.8 billion USD in BTC).
🟢 Expected to go public via SPAC with Gores X Holding to issue stocks & bonds.
⭐ The fundraising structure includes:
🟢 800 million USD from PIPE
🟢 358.8 million USD from SPAC partners
🟢 250 million USD in bonds
🟢 103.2 million USD in notes
🟢 Risk of stock sell-off due to PIPE being unlocked immediately after SEC approval for listing.
🟢 If successful, Accelerate will be the largest holder of SOL in the world, surpassing Upexi.
🟢 Expected CEO: Joe McCann – who just closed the token fund due to an 80% loss in 2025.