According to SolanaFloor, SOL Strategies, a company listed on the Canadian Securities Exchange, has secured up to $500 million in convertible note financing from ATW Partners. This is the largest of its kind within the Solana ecosystem. The funds will be exclusively used to purchase SOL and stake it on the validator nodes operated by the company. The first tranche of $20 million is scheduled to be completed by May 1st, with the staking rewards to be shared between both parties.