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The latest announcement is out from Cypherpunk Holdings Inc ( (TSE:HODL) ).
Sol Strategies Inc. has announced a CAD $27.5 million private placement financing with ParaFi Capital to enhance its SOL treasury holdings and expand its validator operations. This investment aims to bolster Sol Strategies’ leadership in the Solana ecosystem, create sustainable shareholder value, and potentially unlock new business opportunities.
More about Cypherpunk Holdings Inc
Sol Strategies is a publicly traded Canadian company focused on investing in and providing infrastructure for the Solana blockchain ecosystem. The company leverages opportunities in staking rewards and Solana-based projects, allowing shareholders to indirectly participate in the decentralized finance landscape. Sol Strategies is headquartered in Toronto, Canada, and is listed on the Canadian Securities Exchange under the ticker ‘HODL’ and on the OTC market under ‘CYFRF’.
YTD Price Performance: 0.0%
Average Trading Volume: 1,860,068
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$421M
Find detailed analytics on HODL stock on TipRanks’ Stock Analysis page.