SOL Strategies increased its holdings of 26,478 SOL at an average price of $177.5

ChainCatcher news, according to official sources, SOL Strategies (CSE: HODL | OTCQB: CYFRF) announced that it has acquired 26,478 SOL for $4.7 million, while completely liquidating its Bitcoin holdings.

The company stated that its cash reserves are now 100% allocated to support validator growth and long-term investments in the Solana ecosystem.

Currently, SOL Strategies holds a total of 420,355 SOL, valued at approximately CAD 100 million.