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DevvStream Corp. (Nasdaq: DEVS), a leader in carbon management and environmental asset development, has officially launched its digital treasury strategy with strategic purchases of Bitcoin (BTC) and Solana (SOL). Funded by the first $10 million tranche of a $300 million secured convertible notes facility with Helena Global Investment Opportunities 1 Ltd., this marks the company’s first crypto deployment, aimed at strengthening financial and operational resilience.
Bitcoin was selected for its liquidity and role as a non-correlated store of value, while Solana was chosen for its high-speed blockchain infrastructure, aligning with DevvStream’s long-term vision of supporting sustainability-linked tokenization. The move is designed to bridge traditional carbon markets with the growing digital economy, and advance the integration of blockchain into environmental finance.
DevvStream also revealed plans to increase its existing $300 million Equity Line of Credit (ELOC), pending board and Helena’s approval. This expansion would provide added flexibility to scale investments in digital and environmental infrastructure. CEO Sunny Trinh called the crypto move a “critical step” toward tokenizing high-value environmental assets at scale.
