Canadian investment firm Sol Strategies has secured a major investment in Solana (SOL), committing a significant portion of its resources through a $500 million convertible note facility with ATW Partners. This funding will be used to expand the firm’s existing SOL holdings, highlighting growing confidence in the blockchain’s potential. Sol Strategies is notably focusing on investments and infrastructure for the Solana ecosystem. 500 million is allocated for dedicated purchases of SOL and staking, which they intend to use to support validator operations. This facility will be released in tranches, starting with $20 million, followed by additional drawdowns up to $480 million, subject to specific conditions. Notably, Sol Strategies has been steadily increasing its SOL holdings over the last few months, demonstrating a clear commitment to the platform’s development.