Sol Strategies, the Solana version of micro strategy, increased its holdings of over 40000 SOLs in late January, bringing its total holdings to nearly 190000 SOLs

Odaily Planet Daily News: From January 19th to January 31st, Sol Strategies, the "Solana Edition Micro Strategy," spent approximately $9.93 million to increase its holdings of 40300 SOLs, with an average price of $246.53, including fees and expenses. The company also completed a second convertible bond private placement of $2.5 million, with total proceeds paid by 6564.47 SOL. As of January 31st, Sol Strategies and its subsidiaries hold a total of 189968 SOLs, with an average price of $179 and a value of nearly $40 million. The company also announced that Chief Investment Officer Moe Adham will resign on January 30th due to the relocation of his family to Tokyo. Adham joined the Sol board of directors in 2018.