DevvStream initiates its digital treasury strategy with $10M Bitcoin and Solana investment, and plans to expand its credit facility to $300M to scale environmental tokenization.
Highlights:
Crypto Treasury Launch: DevvStream Corp. has invested $10 million in Bitcoin and Solana, funded through a portion of its first $300M senior secured convertible note tranche, marking its entry into institutional digital asset allocation.
Strategic Asset Roles: The company views Bitcoin as a secure, non-correlated store of value and Solana as core infrastructure supporting its sustainability tokenization ambitions.
Credit Facility Expansion Plan: DevvStream intends to increase its equity line of credit to $300M, aiming to scale future crypto deployments and environmental infrastructure initiatives.
Summary
DevvStream Corp., a Nasdaq-listed carbon management company, has formally launched its crypto treasury strategy by allocating $10 million toward Bitcoin and Solana, funded from an initial tranche of a $300 million convertible notes facility secured with Helena Global Investment Opportunities
Bitcoin is leveraged as a liquid, inflation-hedged reserve asset, while Solana is targeted for its high throughput capacity, aligning with DevvStream’s ambition to tokenize sustainability-linked environmental assets .
Simultaneously, the company has announced plans to expand its credit line to the full $300 million (pending board and investor approval), enabling further scaling of its digital and environmental infrastructure strategy .
DevvStream’s digital asset deployment reflects a broader institutional trend adopting crypto to hedge volatility and innovate within tokenization markets. The firm has also appointed BitGo Trust Company as custodian and FRNT Financial as treasury consultant to support this execution framework.
