Sol Strategies, actively supporting Solana, has filed for a listing of its shares on Nasdaq to expand in the USA.
Plans for Nasdaq Listing
Sol Strategies has filed for a Nasdaq listing, registering its common shares under 12(b) of the United States Securities Act of 1934, allowing the company to offer its shares for public trading in the United States.
Investments in Solana
Currently, Sol Strategies is one of the largest institutional holders of Solana, possessing 420,000 tokens. In 2025, the company aims to purchase more Solana tokens, having secured a $500 million convertible note facility from ATW Partners. This funding will exclusively be used for the purchase and staking of Solana tokens, with the first tranche of $20 million deployed by May 1, 2025. Furthermore, other companies like Upexi and DeFi Development Corp. are increasing their Solana holdings as well.
Overview of Solana Prices
At the time of writing, Solana is trading at $145.40, declining by 1.53% intraday and losing 8.89% over the past week. In the month, Solana has lost 13.06%, and its market capitalization has fallen by 7.26% to $235.34 billion.
Sol Strategies continues to actively invest in Solana and is expanding its opportunities in the cryptocurrency market by filing for a Nasdaq listing.
