Sol strategies invests $ 20 million in 122,524 SOL and thus strengthens its validator network

Sol strategies invests $ 20 million in 122,524 SOL and thus strengthens its validator network
Sol strategies invested in the expansion of the Validator network
Sol strategies recently issued $ 20 million from its $ 500 million bond. As part of this investment, the company acquired 122,524 SOL at $ 148.96 per unit. This purchase aims to expand the Validator network of Sol Strategies and to promote the safety and functionality of the platform by staking the Sol-token acquired.
The stake of SOL is an important measure in the context of the proof-of-stake (POS) consensus mechanism that is used in the Solana blockchain. By staking, validators can confirm transactions and at the same time receive rewards for their services. With the expansion of the Validator network, Sol Strategies would like to further increase the efficiency and resilience of the platform.
Overall, this investment shows Sol Strategies' commitment to invest in the future development of the Solana blockchain and to optimize their performance.