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SOL Strategies Secures Up to $500 Million in Convertible Note Financing

SOL Strategies Secures Up to $500 Million in Convertible Note Financing

CointimeCointime2025/04/23 15:22
By:Cointime

SOL Strategies, a company listed on the Canadian Securities Exchange, has obtained a convertible note financing of up to $500 million from ATW Partners, the largest of its kind in the Solana ecosystem. This funding will be used specifically to purchase SOL and stake it on the validator nodes operated by the company. The initial $20 million payment is scheduled to be completed on May 1, with staking rewards shared by both parties.

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