Loan & DebtJun 8, 2026, 02:46 PM
SOL Strategies Reduces C$5.75M Debt by Selling 65,001 SOL Tokens
AI Summary
SOL Strategies Inc. announced it has settled approximately C$5.75 million of debt through the sale of 65,001 SOL tokens at an average price of CAD$87.88 per SOL. This move reflects a deliberate approach to capital and risk management, aiming to strengthen the balance sheet and enhance focus on its operating businesses, particularly the Solana Economy. The company highlighted the continued investment in Houdini Swap, which has processed over USD $2.7 billion in cumulative swap volume and generated USD $13 million in revenue in 2025.
Key Highlights
- SOL Strategies settled approximately C$5.75 million of debt.
- The company sold 65,001 SOL tokens to achieve the debt reduction.
- The SOL tokens were sold at an average price of CAD$87.88 per SOL.
- Houdini Swap has processed over USD $2.7 billion in cumulative swap volume since launch.
- Houdini Swap generated approximately USD $13 million in revenue in 2025.
Price Impact
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