Sol Strategies to Acquire $470M Worth of Blockchain Validators in Major Expansion Deal

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Sol Strategies (CSE: HODL, OTC: CYFRF) has announced a letter of intent dated December 2, 2024, to acquire three blockchain validators from an arm’s-length party. The Proposed Transaction would increase Sol’s delegated SOL to 1,493,3784 (CAD $470,397,586), representing an increase of 554,714 SOL (CAD $174,728,786).

The acquisition terms include: USD $750,000 in cash (or SOL/USDC), USD $750,000 in common shares at closing, and USD $5,000,000 in shares over three years subject to performance targets. The expected yearly net income from the new validators is projected at CAD $2,600,000.

The transaction completion is subject to definitive agreement, required consents, and regulatory approval including the Canadian Securities Exchange. No finder’s fees are payable.

Sol Strategies (CSE: HODL, OTC: CYFRF) ha annunciato una lettera di intenti datata 2 dicembre 2024, per…

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