Home » Business » Solana treasury company SOL Strategies seeks $30M CAD to boost Solana operations
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Strategic acquisitions and partnerships drive validator growth as Sol Strategies strengthens its role in the expanding Solana ecosystem.
Key Takeaways
- Sol Strategies, a technology company focused on the Solana blockchain, is seeking $30 million CAD to expand its Solana operations.
- The company operates a high-performance validator network with over $1 billion in delegated SOL and has recently listed on the Nasdaq Global Select Market.
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SOL Strategies, a Solana-focused technology company, is seeking $30 million CAD to expand its operations within the Solana ecosystem.
The company operates a network of high-performance validators with over $1 billion CAD in delegated SOL across its infrastructure. Sol Strategies recently listed on the Nasdaq Global Select Market as part of its evolution into a dynamic asset treasury company.
In January 2025, the company completed a $30 million CAD private placement to bolster its SOL treasury. The new funding round builds upon that earlier raise and increases from a prior $25 million CAD credit facility.
Sol Strategies has been expanding through strategic acquisitions, including validator operations with over 3.4 million delegated SOL as of early September and 100% uptime for more than 500 days. The company’s validator network generates compounded returns of approximately 16% through staking and tech revenue.
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