SOL Strategies Sells Approximately 65,000 SOL for Debt Repayment

BlockBeats News, June 9th - Solana-focused public company SOL Strategies announced that it has sold 65,001 SOL at an average price of 87.88 Canadian dollars (approximately $63) to repay a debt of 5.75 million Canadian dollars (approximately $4.126 million).

SOL Strategies stated that it is actively managing its balance sheet to support its staking operation. The company expects to generate approximately $13 million in revenue from the Houdini Swap acquired earlier in June 2025.