Bullboard - Stock Discussion Forum Sol Strategies Inc C.HODL

Alternate Symbol(s): CYFRF

Sol Strategies Inc. is a Canadian company focused on blockchain investments. The Company is engaged in the development of the blockchain and cryptocurrency ecosystem through its activities in the private equity and financial markets and its support for related technology innovation. Through its investments, the Company offers its shareholders exposure to Solana through its direct investing and... see more

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Sol Strategies Inc > Ouch! HODL punished for taking profits.

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Post by Skyman on Mar 11, 2024 4:34pm

Ouch! HODL punished for taking profits.

HODL sold about one third of Bitcoin holdings for about 8M. Still holding 16M bitcoin. I guess there is some uncertainty about future investments. For now they are buying back shares in the open market and sitting on cash profits.

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Comment by Cryptobreak on Mar 12, 2024 3:37pm

Yeah they timely relased the news to prevent the SP to keep rising so they can buyback on the cheap but the very reason they said they were doing the buyback was because the SP was too low.. now they are manipulating to get people to sell them cheap shares...crooks everwhere nowadays...

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