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SOL Strategies plans to raise $25 million to support the increase of SOL holdings.
[SOL Strategies plans to raise $25 million to support the increase in SOL] Solana Treasury Company SOL Strategies announced that it has conducted a $25 million private sale through the sale of common shares and common share subscription warrants, in accordance with the listing issuer financing exemption requirements of the Canadian Securities Administrators. Canaccord Genuity Corp. will act as the lead agent and exclusive bookrunner. The proceeds will be used for general corporate purposes and digital asset investments, driving the rise of the SOL Treasury.