SolarBank Dedicated | June 14th, 2025

GOOD MORNING

Hey Moby Readers,

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 All Profits Into Bitcoin: A Solar Firm’s Wildly Unconventional Bet

Solar company $SUUN shocked analysts. Goldman Sachs quietly buys 5%. Disseminated on behalf of SolarBank Corporation (NASDAQ: SUUN)

This announcement had to be read multiple times to be believed.

A NASDAQ-listed solar company is converting 100% of their profits from one project directly into Bitcoin. Not 10%. Not half. ALL OF IT.

 And it’s being done with power generated from an abandoned trash dump.

 The first impression? Either a bold visionary move—or a wild deviation from the norm.

 Introducing the Company Turning Sunshine Into Satoshis

SolarBank (NASDAQ: SUUN) just announced something that made even hardened Wall Street analysts do a double-take.

Their Geddes Solar Project—built on a closed New York landfill—will convert 100% of its net cash flows into Bitcoin. Not experimenting with 10%. Not hedging with half. Every. Single. Dollar.

 This move is particularly noteworthy given that it’s coming from an established industry player.

SolarBank already operates over 32MW of solar capacity, maintains partnerships with Honeywell, Qcells and Royal Bank of Canada, and has a development pipeline exceeding 1 GW. 

Here's their genius model:

Solar panels → Electricity → Cash → Bitcoin

Starting later in 2025, every month for the life of the project, it's carbon-friendly Bitcoin. 

They generate clean energy which can offset the energy that the Bitcoin network uses, then buy Bitcoin with the profits through institutional-grade custody at Coinbase Prime.

Why This Timing Is Everything

Consider the structure of what’s being created here.

It's an asset that generates cash flow for 22+ years, but instead of holding that cash while inflation eats it alive, they're converting those depreciating dollars into Bitcoin.

Two big things happened in 2025 that made this possible—and potentially profitable.

1. Solar Hit Escape Velocity 

They’re adding 1 gigawatt of capacity every 12 HOURS globally. 

By the time this sentence is read, another megawatt may have gone online. That's enough to power 750 homes. Gone. Just like that.

2. Battery Storage Broke the $100 Barrier 

February 2025: Costs crashed below $100/MWh. 

Translation: Solar + Storage is now 24/7 power, not just daytime revenue. Panels are now capable of generating revenue around the clock—including at midnight. Tesla's energy division revenue jumped 67% in one quarter (battery storage was a big part), where the economics flipped overnight.

After MicroStrategy's Bitcoin bet paid off spectacularly and Tesla validated crypto as a treasury asset, CFOs everywhere started paying attention.

The Arbitrage That Nobody Else Saw

Here's what makes the brain melt: SolarBank isn't just selling electricity…

Solar electricity typically sells for pennies per kilowatt-hour when you feed it into the grid. But what if those same electrons could fund Bitcoin purchases at today's prices?

Now imagine converting those premium dollars—before inflation touches them—into an asset that's appreciated 150% annually over the last decade. (Yes, Bitcoin could crash 80% tomorrow. Yes, past performance means nothing. But follow the logic here.)

It's like having a machine that turns sunshine into money, then automatically converts that money into better money. Every. Single. Day.

Even Elon Musk gets it, and is pushing it HARD… 

He said solar is so obvious that anyone who can do "elementary math" would see it's the future. Compared to the sun, all other energy is like "caveman burning twigs."

The Goldman Sachs  Signal

What’s likely to draw broader investor attention is the following detail: In May 2025, Goldman Sachs quietly acquired 5.4% of SolarBank.

•  Goldman Sachs isn’t known for philanthropy or idealism—they are singularly focused on generating returns.

When they move this decisively on a micro-cap solar company, something bigger is happening.

They're not alone in seeing it. Honeywell threw in $41 million for projects that are being developed. CIM Group opened a $100 million financing facility. Even the Royal Bank of Canada is on board. Smart money is circling like sharks.

These aren't speculative VCs—they're conservative institutions that typically avoid micro-caps entirely.

 Potential Risks and Considerations

Bitcoin is volatile as hell—it dropped 75% in 2022 alone. Solar panels break down, regulations change, financing and permits are required, and this whole strategy could spectacularly implode.

The CEO could decide tomorrow that converting to Bitcoin was stupid and reverse course.

 However, the difference between high-reward strategies and conservative approaches lies in understanding asymmetric risk.

If this fails, SolarBank still owns cash-flowing solar assets. If it works? They've cracked the code on turning renewable energy into digital gold. 

 This strategy sits at the intersection of two rapidly advancing technologies.

Solar capacity doubles every three years. Bitcoin adoption follows a similar curve. When exponentials meet, the results break mental models.

In 1954, Bell Labs used solar panels to power a toy Ferris wheel. Everyone laughed. Today, we install that much solar capacity every 0.3 seconds.

SolarBank isn't just riding one wave—they're surfing the intersection of two tsunamis. The transformation of an abandoned landfill into a source of Bitcoin could either be viewed as highly speculative—or as an early glimpse into a future where energy and money converge.

Time will tell which outcome prevails.

 The Opportunity May Be Narrower Than It Appears

The Geddes project is just their pilot program. If this works—and there are risks—they plan to expand across their entire 1-gigawatt pipeline.

That's hundreds of projects. Thousands of acres. All potentially converting to Bitcoin while everyone else debates whether crypto is "real."

The sun rises tomorrow at 6:47 AM. SolarBank (NASDAQ: SUUN) will soon be converting those photons to satoshis whether you're watching or not.

Some may dismiss this as speculative. Others may choose to wait for more data. Still, others may recognize that sometimes the future announces itself with a whisper, not a shout.

 The landfill that’s quietly generating Bitcoin could very well be the start of a much louder trend.

Get the full breakdown: How SolarBank cracked the sunshine-to-Bitcoin code →

P.S. - Fair warning: When trillion-dollar energy markets meet exponential technology, early movers don't stay small. The next announcement could change everything. Again.

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