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This Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury
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BITRSSThis Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury
SOL Strategies may sell part of its Solana treasury to meet obligations, as much of its holdings remain pledged against debt. According to an SEC filing, the company said it had C$1.87 million in cash as of June 30 and that roughly C$22 million of digital assets were unencumbered and available for conversion into fiat. SOL Strategies also reported C$37.33 million of current liabilities, although those obligations are staggered and do not represe…
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