Sol Strategies acquires additional Solana (SOL) shares worth approximately 2.6 billion yen, utilizing credit facility

Sol Strategies, a Canadian cryptocurrency investment company, announced on the 6th that it had bought more Solana (SOL).

In April, Sol Strategies signed a loan facility agreement with investment firm ATW Partners for up to $500 million (approximately 71.5 billion yen) through convertible bonds.

This time, the first $20 million (approximately 2.9 billion yen) of this amount has been raised. Sol Strategies purchased Solana with the funds loaned from ATW.

It acquired 122,524 SOL for approximately $18 million (approximately 2.6 billion yen). The average price per SOL is...