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SOL Strategies receives up to $500 million in convertible notes financing to buy more SOLs

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Reprinted from panewslab

04/23/2025·23D

PANews April 23rd news, according to SolanaFloor, Canadian Stock Exchange listed company SOL Strategies has received a convertible notes financing of up to $500 million from ATW Partners, the largest of its kind in the Solana ecosystem. The funds will be used specifically to purchase SOL and stake on the validator nodes operated by the company. The first US$20 million payment is scheduled to be completed on May 1, and the pledge proceeds will be shared by both parties.

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