Sol Strategies (Hodl), a Canadian company that directs infrastructure in the Solana network, revealed that it acquired 24,000 tokens sun in March at an average cost of approximately C $ 199 ($ 139.8) each. The purchase, for a value of around $ 3.37 million, brought the total company of the company to 267,151 tokens.
Almost all the company of the company, approximately 265,295 tokens, are now full of four validators that it operates, according to their latest operational update. Since the beginning of March, the price of the company’s shares fell approximately 25%, while Sol fell 27% during the same period.
Since the beginning of Trump’s presidency, Sol Strategies actions have dropped 67%, while Solana has fallen 58%.
Directed by Leah Wald, a former Valkyrie Investments co -founder, Sol Strategies has been aggressively expanding its validator infrastructure, not only in Solana but also in other stake test chains, including sui (SUI), Monad (Monad) and Arch (Arch). The validators ensure these networks through the reference of their respective tokens and processing transactions, obtaining rewards in return.
In March, the firm acquired three nodes of validator, including one of Laine and the Stakewiz analysis platform, for approximately $ 24.5 million. That agreement doubled more than the amount of sun staked in the company’s infrastructure, from 1.66 million to more than 3.35 million tokens.
The company also has 3,211 Bitcoin, although it is still focused on the Solana ecosystem.
