A Canadian company, Cypherpunk Holdings, has officially announced its renaming to Sol Strategies, aiming to better reflect its investment strategy focus on the Solana ecosystem. This change signifies that the company will be more concentrated on staking Solana and investing in projects and infrastructure under the protocol. The company has changed its legal name from “Cypherpunk Holdings Inc.” to “Sol Strategies Inc.”, which will take effect on September 12, 2024, and was approved by both the board of directors and shareholders at the company's annual general meeting held on July 30. Sol Strategies will continue to trade on the Canadian Securities Exchange (CSE) using the stock symbol HODL and on the OTC market under CYFRF. The company started buying SOL in the second quarter with Leah Wald, former CEO of Valkyrie, taking over as CEO, and currently holds over 86,000 Solanas, with most being staked for token rewards.