Sol Strategies Purchases 12,456 SOL, Increases Total SOL Holdings by CAD $3.6 Million to 226,798 SOL

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 $3.6 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 $288.48 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 $260.94 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]