Sol Strategies Boosts SOL Holdings
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF), a Canadian holding company focused on the Solana blockchain ecosystem, has acquired 4,341.80 SOL at an average price of CAD $191.77 per SOL. This acquisition brings the company's total SOL holdings to 105,249.82. The newly acquired SOL is intended for staking within the Solana blockchain.
CEO Leah Wald stated that following the successful recovery from FTX's bankruptcy proceedings, the company has strategically increased its SOL holdings and enhanced its staking operations. This move aims to strengthen Sol Strategies' position in the Solana ecosystem and continue delivering value to shareholders through efficient management of its digital asset portfolio.
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF), una società canadese di holding focalizzata sull'ecosistema blockchain di Solana, ha acquistato 4.341,80 SOL a un prezzo medio di CAD $191,77 per SOL. Questo acquisto porta le partecipazioni totali di SOL dell'azienda a 105.249,82. I SOL appena acquistati sono destinati a staking all'interno della blockchain di Solana.
Il CEO Leah Wald ha dichiarato che, dopo la riuscita ripresa dai procedimenti di bancarotta di FTX, l'azienda ha strategicamente aumentato le sue partecipazioni in SOL e migliorato le sue operazioni di staking. Questa mossa ha l'obiettivo di rafforzare la posizione di Sol Strategies nell'ecosistema di Solana e continuare a fornire valore agli azionisti attraverso una gestione efficiente del suo portafoglio di attività digitali.
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF), una empresa holding canadiense centrada en el ecosistema blockchain de Solana, ha adquirido 4,341.80 SOL a un precio promedio de CAD $191.77 por SOL. Esta adquisición lleva el total de participaciones en SOL de la compañía a 105,249.82. Los SOL recién adquiridos están destinados a staking dentro de la blockchain de Solana.
La CEO Leah Wald declaró que, tras la exitosa recuperación de los procedimientos de bancarrota de FTX, la empresa ha aumentado estratégicamente sus participaciones en SOL y mejorado sus operaciones de staking. Este movimiento tiene como objetivo fortalecer la posición de Sol Strategies en el ecosistema de Solana y seguir ofreciendo valor a los accionistas mediante una gestión eficiente de su cartera de activos digitales.
솔 전략 주식회사(Sol Strategies Inc.) (CSE: HODL) (OTC Pink: CYFRF)는 솔라나 블록체인 생태계에 초점을 맞춘 캐나다의 홀딩 회사로, 4,341.80 SOL을 평균 CAD $191.77 per SOL에 매입했습니다. 이 인수로 회사의 총 SOL 보유량은 105,249.82로 증가했습니다. 새로 인수한 SOL은 솔라나 블록체인 내에서 스테이킹하기 위해 예정되어 있습니다.
CEO 리아 월드는 FTX의 파산 절차에서 성공적으로 회복한 후, 회사가 전략적으로 SOL 보유량을 증가시키고 스테이킹 운영을 강화했다고 밝혔습니다. 이 움직임은 솔 전략의 솔라나 생태계 내 입지를 강화하고 디지털 자산 포트폴리오를 효율적으로 관리함으로써 주주들에게 가치를 계속 제공하기 위한 것입니다.
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF), une société holding canadienne axée sur l'écosystème blockchain de Solana, a acquis 4 341,80 SOL à un prix moyen de CAD $191,77 par SOL. Cette acquisition porte le total des avoirs en SOL de la société à 105 249,82. Les SOL nouvellement acquis sont destinés à être utilisés pour le staking au sein de la blockchain Solana.
La PDG Leah Wald a déclaré qu'après la reprise réussie des procédures de faillite de FTX, l'entreprise a stratégiquement augmenté ses avoirs en SOL et amélioré ses opérations de staking. Ce mouvement vise à renforcer la position de Sol Strategies dans l'écosystème Solana et à continuer à offrir de la valeur aux actionnaires grâce à une gestion efficace de son portefeuille d'actifs numériques.
Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF), ein kanadisches Holdingunternehmen, das sich auf das Solana-Blockchain-Ökosystem konzentriert, hat 4.341,80 SOL zu einem Durchschnittspreis von CAD $191,77 pro SOL erworben. Diese Akquisition erhöht die Gesamtbestände des Unternehmens an SOL auf 105.249,82. Die neu erworbenen SOL sollen im Rahmen des Stakings innerhalb der Solana-Blockchain verwendet werden.
CEO Leah Wald erklärte, dass das Unternehmen nach der erfolgreichen Genesung von den Insolvenzverfahren von FTX strategisch seine SOL-Bestände erhöht und die Staking-Operationen verbessert hat. Dieser Schritt zielt darauf ab, die Position von Sol Strategies im Solana-Ökosystem zu stärken und den Aktionären durch ein effizientes Management des digitalen Vermögenportfolios weiterhin Mehrwert zu bieten.
- Acquisition of 4,341.80 SOL, increasing total holdings to 105,249.82 SOL
- Strategic increase in SOL holdings following recovery from FTX's bankruptcy proceedings
- Enhanced staking operations within the Solana blockchain
- None.
Toronto, Ontario--(Newsfile Corp. - October 10, 2024) - 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
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.
To learn more about Sol Strategies, please visit www.solstrategies.io. A copy of this news release and all material documents regarding the Company may be obtained under the Company's SEDAR+ profile at www.sedarplus.ca.
Cautionary Note Regarding Forward-Looking Information:
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".
Forward-looking statements in this news release include statements regarding the company's future investing plans and staking plans. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Disclaimer:
Sol Strategies is an independent organization in the Solana ecosystem. Sol Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with Sol Strategies.
None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided or action taken by Sol Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.
Officer/Director Contact:
Doug Harris
Chief Financial Officer
doug@solstrategies.io
Tel: 416-480-2488
SOURCE: Sol Strategies
Media contact: solstrategies@mgroupsc.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226216
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