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SOL Strategies stock jumps 25% following $500 million raise to buy more Solana The Block 3 weeks ago

SOL Strategies stock jumps 25% following $500 million raise to buy more Solana 💹

SOL Strategies witnessed a remarkable 25% increase in their stock price due to a significant capital raise worth $500 million. This strategic move is aimed at acquiring additional Solana tokens.

In tandem with the funding announcement, the Nasdaq-listed DeFi Development Corporation has disclosed that it has acquired approximately 65,305 SOL tokens, thereby elevating its total holdings to 317,273 SOL.

Source: www.theblockcrypto.com ↗

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