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XLM $0.1605 -4.62%
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Sol Strategies announces the acquisition of 3 Solana validation nodes

2025-03-11 08:13:42
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ChainCatcher news, according to official sources, the cryptocurrency holding company Sol Strategies, headquartered in Toronto, announced the acquisition of three additional Solana validator nodes, including Laine and stakewiz.com. The acquisition was completed at a price of 35 million CAD, paid through a combination of cash, Sol Strategies common stock, and warrants. After the acquisition, the amount of staked SOL held by Sol Strategies increased to 3.3 million.

In addition, Sol Strategies appointed Laine founder Michael Hubbard as Chief Strategy Officer.

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