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Sol Strategies Purchases 12,456 SOL, Increases Total SOL Holdings by CAD $3.6 Million to 226,798 SOL
SOLEmeren(SOL) Newsfile·2025-02-18 15:27

Core Insights - Sol Strategies Inc. has made a strategic purchase of 12,456 SOL, increasing its total holdings to 226,798 SOL, with an investment of approximately CAD 3.6million[1][2][3]Group1:CompanyOverviewSolStrategiesInc.isapubliclytradedCanadiancompanyfocusedoninvestinginandprovidinginfrastructurefortheSolanablockchainecosystem[1][5]Thecompanyoperatesattheforefrontofblockchaininnovation,specializingintheSolanaecosystemandenablingdecentralizedapplications[5]Group2:RecentTransactionsBetweenFebruary7,2025,andFebruary14,2025,thecompanypurchased12,456SOLforapproximatelyCAD3.6 million [1][2][3] Group 1: Company Overview - Sol Strategies Inc. is a publicly traded Canadian company focused on investing in and providing infrastructure for the Solana blockchain ecosystem [1][5] - The company operates at the forefront of blockchain innovation, specializing in the Solana ecosystem and enabling decentralized applications [5] Group 2: Recent Transactions - Between February 7, 2025, and February 14, 2025, the company purchased 12,456 SOL for approximately CAD 3,593,400, averaging CAD 288.48perSOL[2]AsofFebruary14,2025,thetotalholdingsofSolStrategiesanditssubsidiariesamountedtoapproximately226,798SOL,acquiredforatotalofapproximatelyCAD288.48 per SOL [2] - As of February 14, 2025, the total holdings of Sol Strategies and its subsidiaries amounted to approximately 226,798 SOL, acquired for a total of approximately CAD 59.2 million, with an average purchase price of CAD 260.94perSOL[3]ThevalueofthetotalholdingswasapproximatelyCAD260.94 per SOL [3] - The value of the total holdings was approximately CAD 64.2 million based on the closing price of USD $199.94 per SOL on February 14, 2025 [3] Group 3: Financial Context - The Canadian dollar amounts in the news release are based on cryptocurrency price rates from Coinbase and Bank of Canada foreign exchange rates as of February 14, 2025 [4]