Ex-Valkyrie CEO Leah Wald’s SOL Strategies Purchased 24,000 SOL in March

Markets, Solana, Sol Strategies, Leah Wald The Solana infrastructure agency now holds over 267,000 SOL, with practically all of it staked throughout its rising validator community 

SOL Strategies (HODL), a Canadian firm working infrastructure on the Solana community, revealed it acquired 24,000 SOL tokens in March at a mean value of about C$199 ($139.8) every. The buy, price round $3.37 million, introduced the agency’s complete SOL holdings to 267,151 tokens.

Nearly all the firm’s SOL—roughly 265,295 tokens—are actually staked throughout 4 validators that it operates, in response to its newest operational update. Since early March, the corporate’s share value plunged roughly 25% whereas SOL dropped 27% over the identical interval.

Since the beginning of the Trump presidency, SOL Strategies’ inventory is down 67%, whereas Solana has fallen 58%.

Led by Leah Wald, a former Valkyrie Investments co-founder, SOL Strategies has been aggressively increasing its validator infrastructure, not simply on Solana but additionally on different Proof-of-Stake chains, together with Sui (SUI), Monad (MONAD) and ARCH (ARCH). Validators safe these networks by staking their respective tokens and processing transactions, incomes rewards in return.

In March, the agency acquired three validator nodes, together with one from Laine and the analytics platform Stakewiz, for roughly $24.5 million. That deal greater than doubled the quantity of SOL staked on the corporate’s infrastructure—from 1.66 million to over 3.35 million tokens.

The firm additionally owns 3.211 bitcoin, although it stays targeted on the Solana ecosystem.

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