SOL Strategies Inc. is preparing for potential capital raises to support its pivot toward the Solana blockchain. The company has filed a preliminary base shelf prospectus with Canadian securities regulators, allowing it to offer up to $1 billion in various securities — including common shares, warrants, subscription receipts, and debt — should market conditions align in the future.
CEO Leah Wald emphasized the move as a strategic, long-term step: “The filing of a base shelf prospectus supports our growth strategy by providing us with the flexibility to access capital as future opportunities arise in the rapidly evolving Solana ecosystem.”
Although no offerings are currently planned, this filing positions the firm to act quickly when needed. Formerly Cypherpunk Holdings, its Strategies rebranded last year to reflect its new investment focus on Solana-based opportunities, leaving behind its previous Bitcoin-centric approach.
This announcement signals the company’s growing commitment to infrastructure, DeFi, and blockchain innovation potential.
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