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SOL Strategies Files Prospectus To Raise Up To $1 Billion To Boost Its Solana Investment

  • Canada-listed SOL Strategies filed a preliminary base shelf prospectus to raise up to $1 billion to further invest in Solana (SOL).
  • The prospectus, once approved, will allow SOL Strategies to offer various instruments like common shares, debt securities, warrants, and subscription receipts.
  • SOL Strategies' CEO mentioned that the filing of the base shelf prospectus supports their growth strategy in the rapidly evolving Solana ecosystem.
  • Other companies like Upexi and DeFi Development Corporation are also raising funds to invest in Solana, reflecting growing institutional confidence in Solana's network.

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