Canadian listed company Sol Strategies spends approximately $9.94 million to increase holdings of 40300 SOLs

Canadian listed company Sol Strategies has announced that from January 19, 2025 to January 31, 2025, the company completed the purchase of an additional 40300 SOLs for approximately CAD 14337332 (USD 9935329), with an average price of CAD 355.77 (USD 246.53) per SOL, including fees and expenses. The company has also completed a second private placement of convertible bonds worth $2.5 million, with total proceeds satisfied by paying 6564.47 SOLs at an average price of CAD 380.84 (USD 265.65) per SOL. As of January 31, 2025, Sol Strategies and its subsidiaries hold approximately 189968 SOLs with a total purchase price of approximately CAD 48.7 million, with an average purchase price of approximately CAD 256.21 per SOL. Fees and expenses are included, and based on the closing price of SOLs as of January 31, 2025, their value is CAD 63.7 million.