Sol Strategies (HODL), a Canadian company that runs an infrastructure on the Solana network, revealed that it had acquired 24,000 ground tokens in March at an average cost of around $ 199 ($ 139.8) each. The purchase, worth around 3.37 million dollars, brought the company’s total holding company to 267,151 tokens.
Almost all the soil of the company – 265,295 tokens – is now marked out on four validators it operates, according to its last operational update. Since the beginning of March, the company’s share price has plunged around 25% while Sol fell by 27% over the same period.
Since the start of the Trump presidency, soil strategies have been down 67%, while Solana has dropped by 58%.
Directed by Leah Wald, former co-founder of Valkyrie Investments, Sol Strategies aggressively attacked her validator infrastructure, not only in Solana but also on other work chains, including Su (Su), Monad (Monad) and Arch (Arch). The validators guarantee these networks by punctuating their respective tokens and their treatment transactions, winning rewards in return.
In March, the company acquired three validators’ nodes, including one of wool and the Stakewiz analysis platform, for around 24.5 million dollars. This agreement has more than doubled the soil amount intertwined about the company’s infrastructure, from 1.66 million to more than 3.35 million tokens.
The company also has 3.211 Bitcoin, although it remains focused on the Solana ecosystem.
