Solana Treasury Company SOL Strategies Plans to Raise $25 Million in a Rights Issue to Support Increased SOL Holdings

Solana treasury company SOL Strategies announced that it has raised $25 million in a private placement through the sale of common shares and common share warrants pursuant to the listed issuer financing exemptions granted by the Canadian Securities Administrators. Canaccord Genuity Corp. served as lead agent and sole bookrunner. The proceeds will be used for general corporate purposes and digital asset investments to fuel SOL's treasury growth. (Globenewswire)