PANews reported on October 30 that according to Solana Floor, Canadian listed company Sol Strategies sold $1.71 million worth of Bitcoin and bought 12,389 SOLs, increasing the value of its SOL holdings to $23.51 million.

Sol Strategies (formerly Cypherpunk Holdings), a Canada-based company focused on blockchain investments, recently rebranded to reflect its new Solana-centric investment strategy.