Joseph 🎩
@lazybird
744 Following
638 Followers
Sol Strategies, a Canadian investment firm, has secured a CAD $25 million revolving credit facility with a 5% annual interest rate, available until 2027, to expand its operations within the Solana blockchain ecosystem. Formerly known as Cypherpunk Holdings, the company rebranded in 2024 to focus exclusively on Solana. It currently manages 1.5 million SOL tokens, valued at approximately CAD $450 million, and operates as a major validator with 140,000 staked tokens. The firm plans to use the funds to purchase more SOL, grow its staking operations, and invest in decentralized finance (DeFi) services and strategic partnerships within the Solana ecosystem. 0 reply
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