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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