SOL Strategies Inc (CSE: HODL), a Canadian listed company, announced that it had submitted a preliminary simplified basic prospectus to the Canadian securities regulatory authority, intending to raise up to $1 billion in the next two years through the issuance of common shares, warrants and other securities. The company focuses on the investment and infrastructure construction of the Solana blockchain ecosystem, and has not yet determined a specific distribution plan. The simplified basic issuance needs to be approved by the final prospectus before it can be implemented. The specific terms will be disclosed through the supplementary prospectus.