According to Foresight News, Toronto-based cryptocurrency holding company Sol Strategies has announced the acquisition of three additional Solana validator nodes, including Laine and stakewiz.com. The acquisition was completed for CAD 35 million, paid through a combination of cash, Sol Strategies common shares, and warrants. Following this acquisition, Sol Strategies’ staked SOL has increased to 3.3 million tokens. Additionally, Sol Strategies has appointed Laine founder Michael Hubbard as Chief Strategy Officer.
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