🚨SOL STRATEGIES INVESTS $500M INTO SOLANA
🔹Biggest Solana institutional bet yet
🔹Canadian firm SOL Strategies issued $500M in convertible notes to buy & stake Solana (SOL).
🔹Funded by ATW Partners, a NY investment firm.
🔹Move aims to boost validator network and decentralize Solana further.
🔹Yield from staking will be shared between both firms.
🔹SOL Strategies’ stock jumped 25.3% on the news.
🔹The firm had a positive revenue turnaround in 2024 after prior-year losses.
#Solana #SOL #InstitutionalInvestment #Staking #DeFi
-Cointelegraph$SOL