SOL Strategies announces the sale of 65,001 SOL tokens, at an average price of approximately 87.88 CAD, totaling about 5.75 million CAD, to repay debt and optimize the balance sheet. The company stated that this move aims to further focus on core operational businesses and the recently acquired Houdini Swap.

SOL-2.93%
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TheClarityAfterLiquidating
· 13h ago
5.75 million CAD to pay off debt, this balance sheet pressure is not small
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ReflectionsOnTheStreetCorner
· 13h ago
Focusing on core business means: nothing else can be played with anymore.
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StainedGlassSun
· 13h ago
Houdini Swap acquires and then sells tokens to support it; this move is a bit confusing.
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BluePeonyCalmingAgent
· 13h ago
65k coins are being sold just like that, institutions are also starting to cut their losses to survive.
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YieldSpring
· 13h ago
Debt repayment first, at least better than toughing it out; can Houdini Swap support the narrative?
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SucculentCross-Section
· 13h ago
At this price of 87.88 CAD, SOL really isn't showing any face.
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