SOL Strategies, a Canadian investment company, has secured $500 million in convertible notes to acquire and stake in Solana (SOL) tokens. The issuance was made to a single investor, ATW Partners, a New York-based investment firm specializing in growth equity and structured capital. SOL Strategies aims to build institutional-grade infrastructure for Solana, focusing on long-term potential rather than short-term price fluctuations. The yield generated from staking will benefit both SOL Strategies and ATW Partners. SOL Strategies is a publicly traded company listed on the Canadian Securities Exchange, with its share price rising by 25.3% in a single day. This move reflects growing institutional confidence in Solana’s future, contributing to network security and decentralization. According to StockAnalysis.com, SOL Strategies reported CAD$10.62 million ($7.65 million) in revenue for 2024, marking a positive turnaround from previous years. This development follows Upexi and DeFi Development Corporation’s recent announcements of capital raises to purchase SOL tokens, indicating a trend of companies moving into Solana. Upexi disclosed a $100 million raise, while the DeFi Development Corporation unveiled a $42 million raise to establish a Solana reserve treasury. The increasing interest in Solana from institutional investors showcases the platform’s growing appeal and potential for the future.