SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment

Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network.The capital will be exclusively used for purchasing SOL tokens and expand the firm's blockchain validator operation, the company said in a release. HODL shares surged as much as 18% to C$2.16 before paring some of the gains, but were still up 7% from yesterday's close source: https://www.coindesk.com/markets/2025/04/23/sol-strategies-surges-on-up-to-500m-credit-facility-for-solana-investment