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SonicStrategy Announces Total Network Exposure of 171 Million Sonic, Up 3 Million Since September 16, Representing 3.56 Sonic per Share
Newsfile· 2025-10-28 07:01
Core Insights - SonicStrategy Inc. has reported a total network exposure of 171 million Sonic tokens, an increase of 3 million since September 16, 2025, equating to 3.56 Sonic tokens per share [1][3]. Company Performance - Since the last update on September 16, 2025, SonicStrategy's validator nodes have generated approximately 760,000 Sonic tokens, valued at around USD $129,000 based on a price of USD $0.176 per token [2]. - As of October 24, 2025, the company's validators hold 140.5 million self-staked Sonic tokens, valued at approximately USD $24.7 million, while total network exposure is approximately USD $30.1 million [3]. Validator Operations - SonicStrategy operates enterprise-grade validator infrastructure designed for speed, reliability, and security, utilizing high-performance servers and secure data centers [4]. - The company currently earns approximately 5% annually from its self-staked tokens, resulting in an annual staking revenue of approximately USD $1,186,345 [9]. Token Exposure Breakdown - Total Sonic exposure includes approximately 171 million tokens across validators, DeFi strategies, and wallet holdings, with specific breakdowns for each validator [7]. - The first validator has 37.3 million Sonic tokens staked, while the second validator has 127.2 million Sonic tokens staked [7]. Strategic Positioning - The growth in Sonic exposure reflects the strength of SonicStrategy's infrastructure and strategy, contributing to the security and decentralization of the Sonic network [9].
SonicStrategy Secures $40 Million USD ($55M CAD) Investment From Sonic Labs
Newsfile· 2025-09-02 12:30
Core Insights - SonicStrategy Inc. has secured a $40 million USD ($55 million CAD) investment from Sonic Labs Ltd, which oversees the Sonic blockchain ecosystem, reinforcing their long-term partnership and paving the way for additional institutional capital as the company aims for a Nasdaq Capital Markets listing [1][2][7] Investment Structure - The investment is structured as a convertible debt instrument funded in Sonic tokens, with a six-month term and a conversion price of $4.50 USD ($6.22 CAD) per common share, contingent upon certain milestones including the Nasdaq listing [2][5] - The debt is unsecured, non-interest-bearing, and any equity issued upon conversion will be subject to a three-year lock-up [5] Strategic Implications - The investment is intended to strengthen SonicStrategy's treasury, scale validator operations, and support early-stage Sonic-based projects, aligning with the company's mission to bridge the Sonic ecosystem with global capital markets [3][7] - Sonic tokens provided by Sonic Labs will be locked for four years, ensuring long-term alignment between the two organizations [3] Future Prospects - The capital raised will be utilized for treasury, validator operations, blockchain investments, and working capital, setting the stage for SonicStrategy's application to list on the Nasdaq, subject to regulatory approval [2][5] - SonicStrategy is positioned as a bridge between the Sonic Network and traditional finance, enhancing its institutional credibility and global visibility [7]