SOL Strategies Provides Update on SOL Purchases
SOL Strategies Inc (CSE: HODL, OTCQB: CYFRF) has announced strategic asset transactions as part of its Solana ecosystem investment strategy. The company acquired 26,478.37 SOL for US$4.7 million at an average price of $177.50 per SOL on May 26, 2025. Additionally, the company divested its remaining 3.21 BTC holdings at $103,251.05 per Bitcoin, generating $331,489.29 in proceeds.
These moves align with SOL Strategies' focused approach on consolidating its digital assets in SOL to support validator operations and long-term investment in the Solana ecosystem. The company will release its Q2 financial results for the period ending March 31, 2025, on May 30, 2025, followed by a webcast and conference call on June 2, 2025.
SOL Strategies Inc (CSE: HODL, OTCQB: CYFRF) ha annunciato operazioni strategiche sugli asset nell'ambito della sua strategia di investimento nell'ecosistema Solana. La società ha acquisito 26.478,37 SOL per un importo di 4,7 milioni di dollari USA a un prezzo medio di 177,50 dollari per SOL il 26 maggio 2025. Inoltre, ha dismesso le sue rimanenti partecipazioni di 3,21 BTC a 103.251,05 dollari per Bitcoin, generando un ricavo di 331.489,29 dollari.
Queste operazioni sono in linea con l'approccio mirato di SOL Strategies a consolidare i propri asset digitali in SOL per supportare le operazioni dei validatori e gli investimenti a lungo termine nell'ecosistema Solana. La società pubblicherà i risultati finanziari del secondo trimestre del periodo terminato il 31 marzo 2025, il 30 maggio 2025, seguiti da una webcast e una conference call il 2 giugno 2025.
SOL Strategies Inc (CSE: HODL, OTCQB: CYFRF) ha anunciado transacciones estratégicas de activos como parte de su estrategia de inversión en el ecosistema Solana. La compañía adquirió 26,478.37 SOL por 4.7 millones de dólares a un precio promedio de 177.50 dólares por SOL el 26 de mayo de 2025. Además, la empresa vendió sus restantes 3.21 BTC a 103,251.05 dólares por Bitcoin, generando 331,489.29 dólares en ingresos.
Estas acciones están alineadas con el enfoque centrado de SOL Strategies en consolidar sus activos digitales en SOL para apoyar las operaciones de validadores e invertir a largo plazo en el ecosistema Solana. La compañía publicará sus resultados financieros del segundo trimestre correspondiente al periodo finalizado el 31 de marzo de 2025, el 30 de mayo de 2025, seguido de una transmisión en línea y una llamada de conferencia el 2 de junio de 2025.
SOL Strategies Inc (CSE: HODL, OTCQB: CYFRF)는 Solana 생태계 투자 전략의 일환으로 전략적 자산 거래를 발표했습니다. 회사는 2025년 5월 26일에 26,478.37 SOL을 평균 SOL당 177.50달러 가격에 470만 달러에 매입했습니다. 또한, 회사는 보유 중이던 3.21 BTC를 비트코인당 103,251.05달러에 매각하여 331,489.29달러의 수익을 창출했습니다.
이러한 조치는 SOL Strategies가 Solana 생태계에서 밸리데이터 운영과 장기 투자를 지원하기 위해 디지털 자산을 SOL로 집중적으로 통합하는 전략과 일치합니다. 회사는 2025년 3월 31일 종료된 분기(2분기) 재무 결과를 2025년 5월 30일에 발표하며, 이어 2025년 6월 2일에 웹캐스트와 컨퍼런스 콜을 진행할 예정입니다.
SOL Strategies Inc (CSE : HODL, OTCQB : CYFRF) a annoncé des transactions stratégiques sur ses actifs dans le cadre de sa stratégie d'investissement dans l'écosystème Solana. La société a acquis 26 478,37 SOL pour 4,7 millions de dollars US à un prix moyen de 177,50 $ par SOL le 26 mai 2025. De plus, elle a cédé ses 3,21 BTC restants à 103 251,05 $ par Bitcoin, générant un produit de 331 489,29 $.
Ces opérations s'inscrivent dans l'approche ciblée de SOL Strategies visant à consolider ses actifs numériques en SOL pour soutenir les opérations de validateurs et les investissements à long terme dans l'écosystème Solana. La société publiera ses résultats financiers du deuxième trimestre pour la période se terminant le 31 mars 2025, le 30 mai 2025, suivis d'une diffusion en direct et d'une conférence téléphonique le 2 juin 2025.
SOL Strategies Inc (CSE: HODL, OTCQB: CYFRF) hat strategische Vermögenswerte-Transaktionen im Rahmen seiner Investitionsstrategie im Solana-Ökosystem bekannt gegeben. Das Unternehmen erwarb am 26. Mai 2025 26.478,37 SOL für 4,7 Millionen US-Dollar zu einem durchschnittlichen Preis von 177,50 US-Dollar pro SOL. Zudem veräußerte das Unternehmen seine verbleibenden 3,21 BTC-Bestände zu 103.251,05 US-Dollar pro Bitcoin und erzielte daraus Erlöse in Höhe von 331.489,29 US-Dollar.
Diese Maßnahmen stehen im Einklang mit dem fokussierten Ansatz von SOL Strategies, seine digitalen Vermögenswerte in SOL zu konsolidieren, um Validator-Operationen zu unterstützen und langfristig in das Solana-Ökosystem zu investieren. Das Unternehmen wird die Finanzergebnisse für das zweite Quartal des Zeitraums bis zum 31. März 2025 am 30. Mai 2025 veröffentlichen, gefolgt von einer Webcast-Übertragung und einer Telefonkonferenz am 2. Juni 2025.
- Strategic acquisition of 26,478.37 SOL worth $4.7M demonstrates significant commitment to Solana ecosystem
- Successfully liquidated Bitcoin position at strong price of $103,251.05 per BTC
- Focused strategy on SOL holdings supports company's validator operations
- Complete exit from Bitcoin exposure limits diversification
- Concentrated position in SOL increases exposure to single cryptocurrency risk
Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF) (formerly, Cypherpunk Holdings Inc, "Sol Strategies" or the "Company"), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, today announced additional strategic purchases of SOL as part of its ongoing growth initiatives.
Strategic Asset Transactions
SOL Strategies, Inc. acquired 26,478.37 SOL for US
In addition, the Company sold its remaining Bitcoin holdings of 3.21051734 BTC at an average price of US
These transactions align with the Company's focused strategy of concentrating its digital asset holdings in SOL to support its validator operations and long-term investment approach in the Solana ecosystem.
Upcoming Financial Results
As previously announced, SOL Strategies will release its financial results for the second quarter ending March 31, 2025 on Friday, May 30, 2025, followed by a webcast and conference call on Monday, June 2, 2025 at 4:30 PM EST. Investors and stakeholders are encouraged to participate in the call to learn more about the Company's recent milestones and growth outlook.
Conference Call Details:
- Date: Monday, June 2, 2025, at 4:30 PM EST
- Live Call: (800) 245-3047 (U.S.) or (203) 518-9765 (International)
- Conference ID: SOLQ225
- Webcast Link: https://event.on24.com/wcc/r/4950255/BFBCE094E7089059DF9190FE5FD69DC4
About SOL Strategies
SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF) is a Canadian company actively investing in, supporting, and providing infrastructure for the Solana blockchain ecosystem that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.
To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's SEDAR+ profile at www.sedarplus.ca.
Investor Contact:
John Ragozzino, CFA
solstrategies@icrinc.com
203.682.8284
Media Contact:
solstrategies@scrib3.co
Cautionary Note Regarding Forward-Looking Information:
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also 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 strategic asset rebalancing, focused SOL strategy, validator operations and long-term investment approach, and upcoming financial results and earnings call. 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.
The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253734
FAQ
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