Sol Strategies Announces Intent to Acquire Blockchain Validators

Acquisition

Validator

Last updated:

October 25, 2024 at 20:52 GMT+3

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Hongji Feng

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Hongji Feng

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Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

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Last updated:

October 25, 2024 at 20:52 GMT+3

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Sol Strategies Inc. announced on October 25 that it had signed a non-binding letter of intent to acquire four blockchain validators from an independent party.

According to a press release issued by Sol Strategies, the proposed transaction involves a combination of $1 million in cash and up to $6.5 million in common shares, with the latter being issued over a three-year period contingent on performance targets.

Proposal to Acquire Four Blockchain Validators.

The proposed acquisition involves a...

https://cryptonews.com/news/sol-strat...

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