Key takeout
- Sol Strategies, a technology company focused on Solana blockchain, is seeking a $30 million CAD to expand its Solana business.
- The company operates a high-performance specimen network with over $1 billion in delegated SOLs, which has recently been listed in the NASDAQ Global Select Market.
Sol Strategies, a technology company focused on Solana, is seeking a $30 million CAD to expand its operations within the Solana ecosystem.
The company operates a network of high-performance validators with over $1 billion delegated SOLs across its infrastructure. Sol Strategies has recently been listed in the NASDAQ Global Select Market as part of its evolution into a dynamic asset financing company.
In January 2025, the company completed a $30 million CAD private placement to bolster Sol Treasury. The new funding round is based on previous pay increases from the previous $25 million CAD credit facility.
Sol Strategies is expanding through strategic acquisitions that include over 3.4 million delegated SOLs as of early September, as well as over 500 days of uptime. The company’s voter network generates compound returns of approximately 16% through staking and technology revenue.
