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According to official announcements, SOL Strategies Inc (CSE: HODL), a Canadian listed company, has announced that it has submitted a preliminary simplified basic prospectus to the Canadian securities regulatory agency, intending to raise up to $1 billion in funds through the issuance of common stocks, warrants, and other securities within the next two years. The company focuses on investing in and building infrastructure for the Solana blockchain ecosystem, and has not yet determined a specific issuance plan. SOL Strategies CEO Leah Wald stated that this move will provide the company with financial flexibility to seize investment opportunities in the rapidly growing Solana ecosystem. The simplified basic issuance can only be implemented after obtaining approval from the final prospectus, and specific terms will be disclosed in the supplementary prospectus.