American press and venture capital firm Pantera Capital is looking to raise $1,250 million to form a Strategic Solar Reserve (SOL).
To do this, the company saves by purchasing a company in Nasdaq, whose name has not been announced, and purchasing Solana Holdings as a reserve asset.
Once you have purchased, Panther Capital calls on new company Solana Co. The goal is to raise $500 million in the first round. informationa useful portal specializing in technology.
Due to its capital, Solana Co. has totaled 6.6 million suns, making it one of Solana’s biggest holders.
A sample of institutional interest in SOL is currently There are over 3.5 million suns in the hands of companies cited in the stock marketas reported by Cryptonoticia. Top volume focuses are Upexi, Defi Developments Corp, Sol Strategies, and Capital Torrent.
Some of these companies issue debt or convertible bonds to acquire prompt cash, and thus fund the purchase of assets without relying on operating income. This is a similar strategy designed by Strategy CEO Michael Saylor. Of course, in this case, we’re talking about the sun, not about Bitcoin (BTC).
