$HODL.CN

3 stories mentioning HODL.CNUpdated 14d ago

Every FINWIRES story that references HODL.CN, newest first.

SOL Strategies Reduces Debt Through "Active Treasury Management"

SOL Strategies (HODL.CN) on Monday said it settled C$5.75 million of debt through the sale of 65,001 SOL at an average price of C$87.88 per SOL, it said on Monday."Today's announcement reflects a decision to reduce debt and further clean up our balance sheet to assist us to fully focus on the operating businesses. With an improved balance sheet, a week into owning Houdini Swap and other ongoing product developments, the priority remains the Solana Economy," said chief executive Michael Hubbard. "As a transactional business, we believe Houdini Swap is well positioned to take advantage of any volume increases resulting from the current high volatility."Shares of the company were last seen down $0.10 at $1.75 on the Canadian Securities Exchange.Price: $1.75, Change: $-0.10, Percent Change: -5.41%

$HODL.CN

Mining & Metals42d ago

SOL Strategies Appoints Jon Matonis as Board Chair

SOL Strategies' (HODL.CN) appointed Jon Matonis as board chair effective immediately, the company said Tuesday.Matonis stepped down as chief economist, to take the role, the company said.Matonis has been with the company since 2018 and served as director since May 2020.Matonis is a founding director of the Bitcoin Foundation and has spent more than two decades in financial cryptography, digital currency, and monetary policy. He has held executive roles at VISA and VeriSign, and has advised a range of blockchain ventures across multiple market cycles, added the company.The company's shares were last seen down $0.06 at $2.70 on the Canadian Securities Exchange.Price: $2.69, Change: $-0.07, Percent Change: -2.54%

$HODL.CN

Mining & Metals70d ago

SOL Strategies Closes Its US$1.2-Million Acquisition of Darklake Labs; Shares up 7.6%

SOL Strategies (HODL.CN) on Tuesday on said it closed its acquisition of the assets of Darklake Labs Pte. Ltd.The company said the acquisition was completed for a purchase price of US$1.2 million, made up of US$200,000 in cash and 1.05 million shares.In a statement the company noted that Darklake developed Zyga, a zero-knowledge proof system built natively for the Solana blockchain that enables private transaction execution while eliminating front-running and sandwich attacks at the point of execution. As of closing, the founders and core team of Darklake have joined SOL Strategies, added the company."Privacy is a core functionality needed to bring global finance on-chain, and this acquisition continues our mission to support the Solana economy as we take a more active role in technology development," said chief executive Michael Hubbard.Shares of the company were last seen up C$0.11 to C$1.56 on the Canadian Securities Exchange.Price: $1.56, Change: $+0.11, Percent Change: +7.59%

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