Solmate Infrastructure (NASDAQ: SLMT) saw its shares jump 46% in pre-market trading following the announcement of a new data center in the UAE dedicated to Solana validators. The company also outlined an aggressive M&A strategy aimed at enhancing the Solana value chain.
In addition to these strategic moves, Solmate Infrastructure disclosed a $300 million PIPE financing amendment and confirmed the acquisition of $50 million in SOL tokens to bolster its infrastructure development efforts. These initiatives underscore the company's commitment to expanding its footprint in the blockchain sector.
Solmate Infrastructure Soars 46% Pre-Market on UAE Data Center and M&A Plans
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