SOL Strategies has unveiled a CAD 25 million investment plan in the Solana ecosystem. This move is facilitated through an unsecured credit line carrying a 5% interest rate. It demonstrates the firm’s commitment to becoming a significant Solana participant by reallocating resources from other investments, including Animoca Brands.

CEO Leah Wald, appointed in July, has directed SOL Strategies towards Solana-focused investments post-rebranding from Cypherpunk Holdings. The company has sold off several investments, such as Animoca Brands, to direct more capital into the Solana ecosystem, highlighting their shift in strategic focus.

As of December 31, 2024, SOL Strategies has staked over 1.5 million SOL tokens, worth about CAD 450 million, across its validator operations. This includes over 140,000 SOL owned by the firm, showcasing their extensive involvement in the Solana network following a substantial stock surge since Leah Wald’s appointment.