Solarbank North America Launches Treasury Strategy Incorporating Bitcoin, Aiming for a Green Energy and Finance Future

Toronto, Canada June 4, 2025 Solarbank (NASDAQ: SUUN), one of North America's leading renewable energy developers, has announced a new financial strategy that integrates Bitcoin as part of its strategic reserve assets in its corporate treasury. This bold move marks the intersection of the clean energy industry and the rapidly growing digital asset technology.

According to the official announcement, Solarbank has applied to Coinbase Prime to secure professional custody and management services for its Bitcoin holdings. Integrating digital assets into its financial structure not only protects the enterprise against inflation and currency devaluation risks, but also serves as a long-term macro hedging tool.

Notably, Solarbank will directly utilize renewable energy from solar power projects and battery storage systems to offset carbon emissions from activities related to Bitcoin mining and network security. This helps the company maintain its commitment to carbon neutrality, while demonstrating its pioneering role in applying digital finance in a sustainable way.

"Incorporating Bitcoin into our treasury strategy does not change our core business focus on developing clean energy and community projects," a Solarbank representative shared. "On the contrary, it helps us increase our financial strength and become more attractive to technology investors who are looking for a combination of innovation and environmental responsibility."

Currently, Solarbank is operating many large-scale solar projects across North America, including a $100 million financial cooperation initiative for community solar projects. By pioneering the application of digital assets in the energy sector, Solarbank is strengthening its position as an advanced enterprise in both technology and sustainable development strategy.