SOL Strategies has reached a $500 million convertible note financing protocol, intended for increasing holdings of SOL.

On April 23, according to official news, "Solana Version of MicroStrategy" SOL Strategies announced that it has reached a $500 million convertible note financing agreement with ATW Partners, intended for increasing its holdings of SOL. The official stated that this is currently the largest transaction of its kind in the Solana ecosystem, and SOL Strategies aims to promote the development of an institutional stake platform.

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