SOL Strategies Acquires More (Patreon)
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SOL STRATEGIES ARB MODEL Update
https://docs.google.com/spreadsheets/d/13caBpzqjr55tLYP7tq7EcDHmzibVXNU2AY49Ugerq0o/edit?usp=sharing
Note premium is now 99% - which is a lot less than MSTR Premium on BTC holdings.
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF) (formerly, Cypherpunk Holdings Inc., “Sol Strategies” or the “Company“), a publicly traded, Canadian holding company committed to the continued development of the Solana blockchain and ecosystem through its investments, today announced that it has acquired 4,341.80 SOL at an average price of CAD $191.77 per SOL. As a result of the acquisition, the Company now holds a total of 105,249.82 SOL. SOL is the native cryptocurrency of the Solana blockchain. The Company intends to utilize the newly acquired SOL for staking within the Solana blockchain.
Leah Wald, CEO of Sol Strategies, commented: “With the successful recovery from FTX’s bankruptcy proceedings, we’ve strategically increased our SOL holdings and enhanced our staking operations. This allocation strengthens our position in the Solana ecosystem and allows us to continue delivering value to our shareholders through efficient management of our digital asset portfolio.”
About Sol Strategies
Sol Strategies is a publicly traded holding company committed to the continued development of the Solana blockchain and ecosystem through its private equity and financial markets activities. Sol Strategies seeks to take advantage of a range of investment opportunities through staking rewards and investments in Solana-based projects and infrastructure, allowing shareholders to indirectly participate in decentralized finance without the complexities of managing cryptocurrencies. The Company is headquartered in Toronto, Canada, and is publicly listed on the Canadian Securities Exchange under the ticker HODL and on the OTC market under the ticker CYFRF.
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