SOL strategies (HODL), a Canadian company that runs infrastructure on the Solana network, revealed that it acquired 24,000 sun -tokens in March at an average cost of approx. C $ 199 ($ ​​139.8) each. The purchase worth around $ 3.37 million brought the company’s total Sol Holdings to 267,151 tokens.

Almost all of the company’s sun – uneven 265,295 tokens – is now steady over four validators, as it operates, according to the latest operational update. Since the beginning of March, the company’s share price fell approx. 25%, while sun fell 27% in the same period.

Since the start of the Trump Presidency, Sol Strategies’ share has been down 67%, while Solana has fallen 58%.

Lead by Leah Wald, a former co-founder of Valkyrie investments, solar strategies have aggressively expanded its validator infrastructure, not only on Solana, but also on other proof-of-antake chains, including SUI (SUI), Monad (Monad) and Arch (Arch). Validators secure these networks by putting their respective tokens and processing transactions and earning rewards in return.

In March, the company acquired three validator hubs, including one from Laine and Analytics Platform Stakewiz, for approx. $ 24.5 million. This agreement doubled more than the amount of sun stacked on the company’s infrastructure – from 1.66 million to over 3.35 million tokens.

The company also owns 3,211 Bitcoin, although it remains focused on the Solana ecosystem.