Sol Strategies Announces Letter of Intent to Acquire Validators and Financial Update

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Sol Strategies (CSE: HODL, OTC: CYFRF) announced a Letter of Intent to acquire four blockchain validators and provided a financial update. The acquisition involves payments of CAD $1.38M in cash, CAD $1.38M in shares at closing, and CAD $7.61M in shares over three years based on performance. The company drew down USD $2M from its loan facility and increased its Solana holdings to 117,619.10 SOL (CAD $28.6M). Since June 2024, staking operations generated 1,944.22 SOL in revenue. The company sold 8.57 bitcoin for CAD $787,991 and currently holds 47.67 bitcoin valued at CAD $4.5M. Additional investments include SOL options and private equity valued at CAD $442,000.

Sol Strategies (CSE: HODL, OTC: CYFRF) ha annunciato una Lettera di Intenti per acquisire quattro validatori blockchain e fornito un aggiornamento finanziario. L’acquisizione prevede pagamenti di 1,38…

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