Research analysts who have asked questions during SOL Strategies earnings calls.
Recent press releases and 8-K filings for STKE.
SOL Strategies Inc. Announces January 2026 Business Update with Validator Network Milestones and STKESOL Launch
STKE
Product Launch
New Projects/Investments
- SOL Strategies Inc. surpassed 31,000 unique wallet addresses and 4 million SOL in assets under delegation (AuD), marking 105% growth in unique wallet adoption since September 2025.
- On January 20, 2026, the company launched STKESOL, an institutional-grade liquid staking platform, which attracted over 680,000 SOL in inflows within its first two weeks.
- As of February 3, 2026, SOL Strategies reported total treasury holdings of 530,251 SOL, equivalent to approximately CAD $71,716,447.
- The company earned approximately 1,096 SOL in January from its proprietary validators.
1 day ago
SOL Strategies Reports Q4 and Full Year 2025 Results, Highlights Solana Transition and Institutional Adoption
STKE
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- SOL Strategies completed a transformational year in fiscal 2025, transitioning to a Solana-focused company, growing its Solana treasury to over CAD 126 million by September 30, 2025, and ending Q4 with over 435,000 SOL on its balance sheet.
- The company's validator business generated CAD 5.4 million in revenue for fiscal 2025, with total revenue from validator staking rewards exceeding $10 million for the fiscal year, and grew its delegated stake to 3.3 million SOL by the end of 2025.
- For fiscal 2025, SOL Strategies reported a comprehensive loss of approximately $20.2 million, which included $45.6 million in significant one-time and non-cash charges, such as impairment and amortization of intangible assets and stock-based compensation.
- The company is strategically positioned for institutional Solana adoption, having secured partnerships with entities like the Ark Invest Digital Asset Revolutions Fund and VanEck Solana ETF, and plans to announce new staking products later in January 2026.
Jan 6, 2026, 9:30 PM
Sol Strategies Reports Q4 and Full Year 2025 Results, Highlights Solana Treasury Growth and Institutional Adoption
STKE
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Sol Strategies reported a comprehensive loss of approximately $20.2 million for fiscal 2025, which would convert to a gain of $23.4 million when excluding approximately $45.6 million in significant one-time and non-cash charges.
- The company's Solana treasury significantly increased to over CAD 126 million by September 30, 2025, up from CAD 21 million in the prior year, and revenue from validator staking rewards exceeded $10 million for fiscal 2025, compared to less than $300,000 in the prior year.
- Sol Strategies has established itself as a major Solana staking provider, growing its delegated stake to 3.3 million SOL by the end of 2025 and securing institutional partnerships with entities like the Ark Invest Digital Asset Revolutions Fund and VanEck Solana ETF.
- The company is strategically focused on becoming the gateway for traditional finance to the Solana ecosystem, leveraging its compliance certifications and operational model, and plans to announce a new staking product soon.
Jan 6, 2026, 9:30 PM
Sol Strategies Reports Q4 and Full Year 2025 Results
STKE
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Sol Strategies successfully transitioned to a Solana-focused company in fiscal year 2025, building a Solana treasury of over 435,000 SOL by Q4 2025, representing a 430% increase from 2024.
- The company reported validator revenue exceeding $10 million for fiscal 2025, a significant increase from less than $300,000 in the prior year, and grew third-party assets under delegation to over $450 million.
- For fiscal 2025, Sol Strategies reported a comprehensive loss of approximately $20.2 million, which would convert to a gain of $23.4 million after removing $45.6 million in non-cash charges and $3.9 million in one-time professional fees.
- Strategic priorities for 2026 include scaling validator performance, securing new institutional partnerships, making strategic ecosystem investments, and disciplined treasury growth.
Jan 6, 2026, 9:30 PM
SOL Strategies provides November 2025 business update
STKE
New Projects/Investments
Debt Issuance
- SOL Strategies was selected as a staking provider for the VanEck Solana ETF, which is expected to serve institutional and retail investors globally, reinforcing its position as an institutional infrastructure provider.
- The company repaid CAD $3 million of its credit facility in October and restructured an additional CAD $4 million in November through a DeFi loan secured by jitoSOL, aiming to reduce borrowing costs.
- As of November 30, 2025, SOL holdings (including liquid staked SOL) totaled 526,637 SOL (approximately CAD 103,157,655.56), and Assets Under Delegation (AuD) reached 3,144,835 SOL.
- Proprietary validators achieved 100% uptime and delivered a peak APY of 6.72% (Orangefin) compared to the 6.34% network average.
Dec 8, 2025, 11:14 AM
SOL Strategies Selected as Staking Provider for VanEck Solana ETF
STKE
New Projects/Investments
- SOL Strategies Inc. (NASDAQ: STKE) was selected as the staking provider for the VanEck Solana ETF through its Orangefin validator, as announced on November 17, 2025.
- This selection validates SOL Strategies' infrastructure capabilities and highlights institutional interest in compliant, high-performance Solana staking solutions.
- The company operates ISO 27001 and SOC 2 certified validators that currently secure over CAD$610 million in staked assets.
Nov 25, 2025, 12:40 PM
SOL Strategies Inc. Reports Nine-Month 2025 Results, Strategic Pivot, and Share Consolidation
STKE
Earnings
Debt Issuance
Financial Restatement
- For the nine months ended June 30, 2025, SOL Strategies Inc. reported a net loss of $(9,778,469), a decrease from the net income of $1,144,756 in the prior year period, but achieved a positive Adjusted EBITDA of $6.4 million.
- The company completed a strategic pivot to the Solana blockchain ecosystem, increasing its Solana (SOL) holdings from 100,763 SOL as of September 30, 2024, to 394,870 SOL and 26,440 JitoSOL by June 30, 2025, while fully divesting its Bitcoin holdings.
- SOL Strategies Inc. raised $57.2 million in convertible debentures during the nine months ended June 30, 2025, and secured an additional C$30,003,000 through a private placement on October 1, 2025.
- On August 5, 2025, the company executed a 1-for-8 common share consolidation, reducing its issued and outstanding common shares from 176,696,312 to 22,087,035.
Nov 14, 2025, 10:27 PM
SOL Strategies Inc. Provides October 2025 Business Update
STKE
Management Change
New Projects/Investments
- SOL Strategies Inc. achieved SOC 1 and SOC 2 Type 2 compliance on October 27, 2025, enhancing its security and operational controls for institutional staking services.
- The company deployed proceeds from its CAD$30 million LIFE offering to acquire additional SOL tokens. As of October 31, 2025, SOL Holdings totaled 526,513 SOL (approximately CAD $137,009,212), and Assets Under Delegation (AUD) reached 2,816,529 SOL.
- SOL Strategies announced strategic partnerships with Netcoins and Crypto.com to expand its institutional client base and services. Michael Hubbard continues as Interim CEO following his October 1, 2025, appointment, with a search for a permanent CEO ongoing.
Nov 3, 2025, 3:12 PM
Sol Strategies Discusses Leadership Transition and Solana-Focused Strategy
STKE
Management Change
New Projects/Investments
- Michael has assumed the role of interim CEO for Sol Strategies, following the previous CEO's transition after completing mandates such as the Nasdaq uplisting, with an external CEO search currently in progress.
- The company employs a dual strategy centered on Solana, which includes a Solana treasury and a validator business providing infrastructure and staking services.
- Sol Strategies' treasury holds approximately 520,000 SOL, all of which is staked to its own validators, yielding a 7% staking return.
- The validator business currently manages 2,700,000 SOL delegated to its validators, valued at over $500,000,000, and aims to expand its infrastructure and services for third parties.
- The Nasdaq uplisting, completed in September, has enhanced stock liquidity and institutional access, supporting the company's fundraising and treasury expansion objectives.
Oct 16, 2025, 3:00 PM
Sol Strategies Inc. Discusses Solana Strategy and Interim Leadership
STKE
CEO Change
New Projects/Investments
- Sol Strategies Inc. operates as a Solana-focused infrastructure company and digital asset treasury, employing a dual strategy that includes a Solana treasury and a validator business.
- The company has appointed an interim CEO and is actively conducting an external CEO search following the previous CEO's planned transition after the NASDAQ uplisting.
- Following a C$30 million raise, the company's treasury holds approximately $520,000 SOL, all staked to its own validators to generate a 7% yield.
- The validator business manages 2.7 million SOL delegated to its validators, offering staking services to third parties and contributing to revenue.
- The NASDAQ uplisting has improved stock liquidity, facilitated options trading, and expanded access to U.S. institutional investors, aiding fundraising for treasury expansion.
Oct 16, 2025, 3:00 PM
Quarterly earnings call transcripts for SOL Strategies.
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