SolarBank Corp. Adopts Bitcoin Treasury Strategy with Geddes Project Revenue

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2025.06.05 12:40
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SolarBank Corp. (TSE:SUNN) has adopted a Bitcoin treasury strategy, using revenue from its Geddes Solar Power Project to acquire Bitcoin. This initiative positions SolarBank as a leader in integrating cryptocurrency with renewable energy. The Geddes Project, expected to generate revenue by June 2025, will enhance the company's market position. Analysts rate SUNN stock as a Buy with a price target of C$4.75. SolarBank focuses on distributed solar projects in North America and has a development pipeline exceeding 1 GW.