According to Foresight News and reported by The Block, the publicly listed company Sol Strategies (stock code: CYFRF, HODL.CN) announced that it has secured a credit line of $25 million for investing in SOL tokens and staking operations. Sol Strategies has withdrawn $4 million in principal from the credit line and plans to use the remaining funds to 'purchase Solana tokens on a large scale to support its staking operations and acquisitions.' The statement noted that the company must utilize the entire credit line by January 6, 2027. As of December 31, 2024, Sol Strategies has staked over 1.5 million SOL tokens (worth approximately CAD 450 million) in its validator operations. This includes more than 140,000 SOL that the company owns.