SOL Strategies Sells Approximately 65,000 SOL for Debt Repayment

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BlockBeats News, June 9th, Solana-focused public company SOL Strategies announced that it has sold 65,001 SOL at an average price of 87.88 Canadian dollars to repay a debt of 5.75 million Canadian dollars (about $4.126 million).

SOL Strategies stated that it is actively managing its balance sheet to support its staking operations. It is expected that the Houdini Swap acquired by SOL Strategies in early June will generate approximately $13 million in revenue by 2025.

Source: BlockBeats

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