RBCH, the largest external shareholder of Solana treasury company Solmate Infrastructure, has sued the board and executives in New York Supreme Court, alleging breach of fiduciary duty, misleading statements, and self-dealing. The lawsuit claims directors purchased shares at a low price, diluting shareholders by 20%, while the stock has dropped 78% year-to-date.

RBCH, the largest external shareholder of Solmate Infrastructure, has filed a lawsuit in the New York State Supreme Court against the company's board, alleging breach of fiduciary duty, misleading statements, and self-dealing, including a share purchase that diluted shareholders by approximately 20%.