View ValuationSol Strategies 향후 성장Future 기준 점검 0/6Sol Strategies의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Capital Markets 이익 성장11.7%매출 성장률127.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트19 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesRecent Insider Transactions • May 20Insider recently sold US$42k worth of stockOn the 12th of May, Antanas Guoga sold around 20k shares on-market at roughly US$2.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.4m. Despite this recent sale, insiders have collectively bought US$5.2b more than they sold in the last 12 months.New Risk • May 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Minor Risks Revenue is less than US$5m (CA$4.8m revenue, or US$3.5m). Market cap is less than US$100m (US$81.2m market cap).공시 • May 11Sol Strategies Inc. to Report Q2, 2026 Results on May 15, 2026Sol Strategies Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 15, 2026공시 • May 06Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire HoudiniSwap LLC for $28 million.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire HoudiniSwap LLC for $28 million on May 1, 2026. The purchase price for the Acquisition is $18 million, comprised of $8.25 million in cash (with $7.0 million payable on closing and $1.25 million paid over the 18 months following closing), a $5.75 million six-month promissory note, and $4 million in shares, to be valued based on a 90-day VWAP ending prior to the closing date for the acquisition, subject to the rules of the Canadian Securities Exchange, and $0.1 million in common share purchase warrants, exercisable for a period of two years at a 25% premium to the market price. The acquisition also includes a two-year earn out of up to $10 million, based on a $2.5 million annual EBITDA hurdle. For the period ending December 31, 2025, HoudiniSwap LLC reported total revenue of $13 million. The acquisition remains subject to customary closing conditions, including the approval of Canadian Securities Exchange, and closing is expected to occur on or before May 29, 2026. A.G.P./Alliance Global Partners acted as acquisition advisor to Sol Strategies Inc. and will receive a $500,000 fee upon closing of the acquisition. Fasken LLP and Troutman Pepper Locke LLP acted as legal advisors to Sol Strategies Inc. Canaccord Genuity Corp. acted as financial advisor, and Goodmans LLP acted as legal advisor to HoudiniSwap LLC.Recent Insider Transactions • May 06Insider recently bought US$282k worth of stockOn the 4th of May, Antanas Guoga bought around 200k shares on-market at roughly US$1.41 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$5.2b. Insiders have collectively bought US$5.2b more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 26Insider recently bought US$140k worth of stockOn the 22nd of April, Antanas Guoga bought around 104k shares on-market at roughly US$1.35 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$5.2b. Insiders have collectively bought US$5.2b more in shares than they have sold in the last 12 months.공시 • Apr 15Sol Strategies Inc. (CNSX:HODL) completed the acquisition of Darklake Labs Pte. Ltd.Sol Strategies Inc. (CNSX:HODL) agreed to acquire Darklake Labs Pte. Ltd. for $1.2 million on April 7, 2026. A cash consideration of $0.2 million will be paid by Sol Strategies Inc. The consideration consists of common equity of Sol Strategies Inc. having a value of $1 million to be issued for common equity of Darklake Labs Pte. Ltd. As part of consideration, $1.2 million is paid towards common equity of Darklake Labs Pte. Ltd. Sol Strategies Inc. (CNSX:HODL) completed the acquisition of Darklake Labs Pte. Ltd. on April 14, 2026.Recent Insider Transactions • Apr 07Insider recently sold US$101k worth of stockOn the 2nd of April, Antanas Guoga sold around 106k shares on-market at roughly US$0.95 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.4m. Despite this recent sale, insiders have collectively bought US$5.2b more than they sold in the last 12 months.Board Change • Apr 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jose Calderon was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 01+ 1 more updateSOL Strategies Inc. Announces Appointment of Michael Hubbard as Chief Executive OfficerSOL Strategies Inc. announced that Michael Hubbard has been appointed Chief Executive Officer, having served as Interim CEO since October 1, 2025.Recent Insider Transactions • Mar 20Interim CEO recently bought US$11m worth of stockOn the 17th of March, Michael Hubbard bought around 625k shares on-market at roughly US$17.51 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$11m worth in shares.New Risk • Feb 19New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: CA$4.8m (US$3.5m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$4.8m revenue, or US$3.5m). Market cap is less than US$100m (US$43.3m market cap).공시 • Feb 11Sol Strategies Inc. to Report Q1, 2026 Results on Feb 17, 2026Sol Strategies Inc. announced that they will report Q1, 2026 results on Feb 17, 2026공시 • Jan 30Sol Strategies Inc., Annual General Meeting, Mar 31, 2026Sol Strategies Inc., Annual General Meeting, Mar 31, 2026.공시 • Jan 21Sol Strategies Inc. Announces the Launch of STKESOLSOL Strategies Inc. announced the launch of STKESOL, a liquid staking token ("LST") that enables holders of Solana tokens ("SOL") to stake their SOL holdings in order to earn staking rewards, and receive in exchange a token that is liquid for use across decentralized finance ("DeFi") applications. The launch of STKESOL represents SOL Strategies' continued evolution within the Solana ecosystem, and the Company believes that STKESOL creates new revenue streams that complement the Company's existing infrastructure operations, which include validator operations and strategic SOL holdings. At launch, STKESOL will be available on some of Solana's largest DeFi platforms, including Orca, Squads, Kamino and Loopscale with the Company actively looking to expand the distribution further. STKESOL is issued automatically by the SPL Stake Pool Program, a smart contract software program on the Solana blockchain, in exchange for deposited SOL. Deposited SOL will be staked to one or more validators, as determined by the Company's automated delegation strategy. The SPL Stake Pool Program has been repeatedly audited, and continues to be audited whenever a material change is made, to ensure security and interoperability with all existing DeFi platforms. STKESOL can then be freely traded, sent, or transferred and its value relative to SOL is expected to steadily grow as the staked SOL in the underlying stake pool accrues staking rewards. By using an automated delegation strategy, STKESOL takes the SOL in its program and stakes them to dozens of validators, deciding which ones to stake to based on the Wiz Score on the Company's website stakewiz.com. This score in turn captures over a dozen metrics focused on performance, reliability, network health and decentralization. Unlike single-validator liquid staking solutions or native staking, STKESOL distributes stake across dozens of validators using SOL Strategies' established performance methodology. This approach reduces concentration risk while supporting network decentralization and validator sustainability throughout the Solana ecosystem. The platform earns fees through a transparent structure that includes deposit fees and a percentage of staking rewards generated by the pool. These revenue streams provide diversified income sources that complement SOL Strategies' existing validator operations and treasury holdings. The Company believes the liquid staking market has emerged as a critical and rapidly expanding segment within proof-of-stake blockchain networks, enabling capital efficiency while maintaining network security. As institutional adoption of Solana continues to accelerate, the Company expects that demand for professional-grade liquid staking solutions will grow. STKESOL's multi-validator approach and enterprise-grade infrastructure is designed to position SOL Strategies to capture market share while contributing to the broader Solana ecosystem's growth and decentralization. STKESOL's multi- validator distribution model also enables smaller validators throughout the Solana ecosystem to receive delegated stake and participate in network security. This approach strengthens SOL Strategies' position as a key infrastructure provider while supporting broader network decentralization. The platform is accessible through a dedicated interface at app.solstrategies.io, creating a streamlined experience for users seeking professional-grade liquid staking services.New Risk • Jan 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$77.0m market cap).Recent Insider Transactions • Jan 08Insider recently bought US$128k worth of stockOn the 5th of January, Antanas Guoga bought around 70k shares on-market at roughly US$1.83 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$287k. Despite this recent purchase, insiders have collectively sold US$43m more in shares than they bought in the last 12 months.공시 • Jan 03Sol Strategies Inc. has filed a Follow-on Equity Offering in the amount of $50 million.Sol Strategies Inc. has filed a Follow-on Equity Offering in the amount of $50 million. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market Offering공시 • Jan 02Sol Strategies Inc. to Report Fiscal Year 2025 Results on Jan 06, 2026Sol Strategies Inc. announced that they will report fiscal year 2025 results at 4:00 PM, US Eastern Standard Time on Jan 06, 2026New Risk • Dec 31New major risk - Revenue and earnings growthEarnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$46.2m market cap).Recent Insider Transactions • Dec 01Insider recently bought US$287k worth of stockOn the 28th of November, Antanas Guoga bought around 100k shares on-market at roughly US$2.87 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$1.6m. Despite this recent purchase, insiders have collectively sold US$51m more in shares than they bought in the last 12 months.New Risk • Oct 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding).Recent Insider Transactions • Oct 05Insider recently bought US$897k worth of stockOn the 2nd of October, Antanas Guoga bought around 200k shares on-market at roughly US$4.48 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$1.6m. Despite this recent purchase, insiders have collectively sold US$53m more in shares than they bought in the last 12 months.공시 • Oct 02Sol Strategies Inc. announced that it has received CAD 30.003 million in fundingOn October 1, 2025, Sol Strategies Inc clsoed the transaction. The Company paid the Agent a cash commission equal to 6% of the gross proceeds of the LIFE Offering and issued the Agent broker warrants in an amount equal to 6% of the number of Units sold, which broker warrants are each exercisable to acquire one Common Share at an exercise price of CAD 8.90 for a period of 36 months following closing.New Risk • Oct 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (23% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Significant insider selling over the past 3 months (US$8.7m sold). Market cap is less than US$100m (US$96.2m market cap).공시 • Sep 24Sol Strategies Inc. announced that it expects to receive CAD 25 million in fundingSol Strategies Inc announced a best effort private placement to 3,649,635 issue unit at an issue price of CAD 6.85 for the proceeds of CAD 25,000,000 on under Life Offering September 23, 2025. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 8.90, representing a 30-per-cent premium to the unit price for a period of 36 months following closing. The company intends to grant the agents a cash commission equal to 6.0 per cent of gross proceeds, plus broker warrants equal to 6.0 per cent of the number of units sold, exercisable for 36 months at an exercise price of CAD 8.90, representing a 30-per-cent premium to the unit price. Closing is expected on or about Oct. 1, 2025 and is subject to stock exchange approval.공시 • Sep 23+ 1 more updateSol Strategies Inc. Announces Chief Executive Officer ChangesSOL Strategies Inc. announced that Leah Wald, Director and Chief Executive Officer will be stepping down as CEO effective October 1, 2025. The Company has appointed its Chief Strategy Officer and Director, Michael Hubbard, as Interim CEO while an executive search mandate led by an external firm is underway. Mr. Hubbard brings several years of experience operating infrastructure on the Solana blockchain, having founded a Solana validator, Laine, in 2021 and having grown it to a peak of over 5.5m SOL delegated before it was acquired by the Company earlier this year.공시 • Sep 13SOL Strategies Inc. Promotes Andrew McDonald to Chief Operating OfficerSOL Strategies Inc. announced the promotion of Andrew McDonald from Director of Operations to Chief Operating Officer ("COO"). Since joining SOL Strategies in January 2025, McDonald has demonstrated exceptional operational leadership across strategic initiatives, regulatory compliance, and institutional partnerships, consistently performing at the COO level. McDonald brings extensive experience from his prior roles as COO and General Manager at Bitaccess Inc. During his tenure, he played a key role in the company's expansion, driving significant growth in enterprise SaaS revenue and global network development while scaling operations and team growth.Recent Insider Transactions • Sep 10Insider recently bought US$1.1m worth of stockOn the 5th of September, Antanas Guoga bought around 148k shares on-market at roughly US$7.20 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$47m more in shares than they bought in the last 12 months.공시 • Aug 07Sol Strategies Inc. to Report Q3, 2025 Results on Aug 26, 2025Sol Strategies Inc. announced that they will report Q3, 2025 results After-Market on Aug 26, 2025공시 • May 01Sol Strategies Inc. to Report Q2, 2025 Results on May 30, 2025Sol Strategies Inc. announced that they will report Q2, 2025 results on May 30, 2025공시 • Apr 16Sol Strategies Inc., Annual General Meeting, Jun 19, 2025Sol Strategies Inc., Annual General Meeting, Jun 19, 2025.공시 • Mar 11Sol Strategies Appoints Michael Hubbard as Chief Strategy OfficerSol Strategies Announced Appointment of Michael Hubbard as Chief Strategy Officer. Hubbard brings extensive expertise in validator operations, blockchain infrastructure, and decentralized network analytics. As the driving force behind Laine, he has built a reputation for developing Solana staking tools and validator services. Stakewiz.com's analytics platform serves as a crucial resource for the Solana ecosystem, offering validator performance insights, staking guidance, and real-time network analytics. His appointment as CSO strengthens Sol Strategies' position at the forefront of Solana infrastructure while reinforcing the company's commitment to becoming a key contributor to the ecosystem's growth and a leader in industry innovation and thought leadership. In his role as CSO, Hubbard will oversee the strategic direction of Sol Strategies' validator operations, with a focus on growth, efficiency, and innovation. His integration into the company seeks to ensure a seamless transition of Laine's technical expertise and validator assets into the Sol Strategies platform, while also driving the development of next generation staking solutions that meet the rigorous demands of institutional investors and ecosystem participants.공시 • Mar 06Sol Strategies Inc. Appoints Luis Berruga to Its Board of DirectorsSol Strategies Inc. announced the appointment of Luis Berruga, Founder and Managing Partner of LBS Capital, to its Board of Directors. With over 20 years of expertise and leadership in global ETF markets and traditional finance, Berruga's extensive experience in ETF's and asset management is expected to provide critical insights and business development opportunities as Sol Strategies continues its growth trajectory and advances the development of its institutional Solana Staking platform. During his 10-year tenure at Global X ETFs, Berruga held several senior executive roles, including CEO and chairman of the board of the company's global operations, Board Member of Global X Funds, President and Chief Operating Officer, and Chief Financial Officer. In these capacities, he led operations and oversaw, designed, managed and successfully implemented all aspects of the infrastructure buildout necessary to support a fast-growing ETF business that rapidly increased assets under management from $2bn at the beginning of 2014 to $45bn at the end of 2023 in the US and $80bn globally. Since leaving Global X, Berruga founded and leads LBS Capital, a boutique investment firm and advisory business specializing in Exchange Traded Funds (ETFs) and corporate governance that partners with a select group of C-level executives in the wealth and asset management industry. Berruga's appointment increases Sol Strategies' Board of Directors to six members, reinforcing the Company's commitment to strong governance and diverse leadership. His extensive expertise in traditional asset management and deep relationships with global business leaders aligns closely with Sol Strategies' vision to create a leading institutional Solana staking platform through a combination of proprietary technology solutions and strategic partnerships and acquisitions.공시 • Feb 27Sol Strategies Inc. to Report Q1, 2025 Results on Mar 03, 2025Sol Strategies Inc. announced that they will report Q1, 2025 results on Mar 03, 2025공시 • Jan 24Sol Strategies Inc. announced that it has received CAD 30 million in funding from ParaFi Capital, LLCOn January 24, 2025. Sol Strategies Inc closed the transaction. it has issued unsecured convertible debenture units for gross proceeds of 2.5 million in its second tranche.공시 • Jan 22Sol Strategies Inc. to Report Q4, 2024 Results on Jan 28, 2025Sol Strategies Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2025공시 • Jan 17Sol Strategies Inc. announced that it has received CAD 27.5 million in funding from ParaFi Capital, LLCOn January 16, 2025, Sol Strategies Inc., closed the transaction.공시 • Jan 10Sol Strategies Inc. announced that it expects to receive CAD 27.5 million in funding from ParaFi Capital, LLCSol Strategies Inc. announced private placement with ParaFi Capital to issue unsecured convertible debenture units for gross proceeds of CAD 27.5 million on January 9, 2025. Each CD Unit consists of one debenture with a principal amount of CAD 1,000, and 400 warrants. Interest on the Debentures accrues at a rate of 2.5% per annum, payable semi-annually in cash or common shares of the Company and the Debentures are convertible at any time into Shares of the Company at CAD 2.50 per Share. The closing of the Private Placement is expected on or about January 16, 2025, subject to customary closing conditions. The financing is led by공시 • Jan 02Sol Strategies Inc. Appoints Max Kaplan as Head of StakingSol Strategies Inc. announced that Max Kaplan joined Sol Strategies as the new Head of Staking. Mr. Kaplan is the former Senior Director of Engineering at Kraken and brings a proven track record in scaling high-performance systems, optimizing operations, and driving innovation in cryptocurrency infrastructure. His expertise in DevOps, blockchain, and high-frequency trading will be pivotal in advancing Sol Strategies' staking operations and maximizing the potential of its expanded validator network.공시 • Nov 27Sol Strategies Inc. (CNSX:HODL) completed the acquisition of High-Performance Validators of Cogent Crypto.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire High-Performance Validators of Cogent Crypto for $18.2 million on November 14, 2024. As part of transaction, Sol Strategies will acquire a 78% interest in a Validator on the Solana blockchain and a 100% ownership interest in Validators on the SUI blockchain, Monad blockchain, and Arch blockchains including main networks and test networks, and all accounts, information, data, infrastructure, intellectual property, rights, authorities and other property and components required for or associated with the access, management, operation and other use or exploitation of such Validator in the business of Cogent Crypto. As part of consideration, Sol Strategies Inc. will (i) pay $1 million in cash on Closing, (ii) issue 1,162,000 common shares of Sol Strategies on Closing (valued at a price of CAD 1.20 per Common Share), and (iii) issue 18,592,000 Common Shares (valued at a price of CAD1.20 per Common Share) over a period of three years from Closing on specific dates prescribed in the Definitive Agreement. The Common Shares issued as consideration for the Acquisition are subject to a statutory four-month hold period upon issuance and certain mutually agreed to trading restrictions. The Company will not be assuming any long-term debt, and no finder’s fees are payable in conjunction with the Acquisition. The transaction is subject to customary closing conditions, including the approval of the Canadian Securities Exchange. Daniel Fuke of Fasken Martineau DuMoulin LLP acted as legal advisor for Sol Strategies Inc. Ephraim Olson of Olson & Partners Law LLC acted as legal advisor for Cogent Crypto. Sol Strategies Inc. (CNSX:HODL) completed the acquisition of High-Performance Validators of Cogent Crypto on November 25, 2024.공시 • Nov 15Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire an unknown majority stake in High-Performance Validators of Cogent Crypto for $18.2 million.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire an unknown majority stake in High-Performance Validators of Cogent Crypto for $18.2 million on November 14, 2024. As part of trnsaction, Sol Strategies will acquire a 78% interest in a Validator on the Solana blockchain and a 100% ownership interest in Validators on the SUI blockchain, Monad blockchain, and Arch blockchains including main networks and test networks, and all accounts, information, data, infrastructure, intellectual property, rights, authorities and other property and components required for or associated with the access, management, operation and other use or exploitation of such Validator in the business of Cogent Crypto. As part of consideration, Sol Strategies Inc. will (i) pay $1 million in cash on Closing, (ii) issue 1,162,000 common shares of Sol Strategies on Closing (valued at a price of CAD 1.20 per Common Share), and (iii) issue 18,592,000 Common Shares (valued at a price of CAD1.20 per Common Share) over a period of three years from Closing on specific dates prescribed in the Definitive Agreement. The Common Shares issued as consideration for the Acquisition are subject to a statutory four-month hold period upon issuance and certain mutually agreed to trading restrictions. The transaction is subject to customary closing conditions, including the approval of the Canadian Securities Exchange.공시 • Sep 11Cypherpunk Holdings Inc. Appoints Ungad Chadda as Additional Independent DirectorCypherpunk Holdings Inc. announced the appointment of Ungad Chadda as an additional independent director, joining the Company's Board of Directors effective immediately. Mr. Chadda is a seasoned capital markets regulator and financial services executive, having held various senior positions at TMX Group Limited, the parent company of the Toronto Stock Exchange. During Mr. Chadda's tenure of over 21 years at TMX Group, he held progressively senior roles, including Director of Listings, TSX Venture Exchange; Chief Operating Officer, TSX Venture Exchange; Vice President, Business Development, Toronto Stock Exchange and TSX Venture Exchange; President, Toronto Stock Exchange; CFO of TSX Trust (formerly Equity Transfer and Trust) an OSFI regulated entity; and SVP, Head of Enterprise Corporate Strategy and External Affairs, TMX Group. Currently, Mr. Chadda serves as the CEO and Director of Urban Infrastructure Group Inc., a TSX Venture Exchange-listed company in the construction industry. Mr. Chadda holds an Honours Bachelor of Commerce from McMaster University, obtained his Chartered Accountancy designation with Ernst &Young LLP in 1996, and completed the Director Education Course at the Rotman School of Management in 2019 as valedictorian.공시 • Jul 10+ 1 more updateCypherpunk Holdings Inc. Announces CEO ChangesCypherpunk Holdings Inc. announced the appointment of Leah Wald, crypto industry veteran, as Chief Executive Officer. Ms. Wald replaces Antanas Guoga (Tony G) in this role and will also continue to serve as a director of Cypherpunk. Mr. Guoga will remain as the Company's Chairman. Ms. Wald is the co-founder and former CEO of Valkyrie Investments, a specialized digital asset management firm, where she spearheaded the launch of the first-ever NASDAQ-listed Bitcoin futures ETF. While leading Valkyrie, Ms. Wald also launched several other Bitcoin ETFs and private funds, paving the way for broader acceptance and integration of digital assets in traditional financial markets. Under her leadership, Valkyrie quickly rose to prominence, earning a reputation for its cutting-edge financial products and strategic market positioning, and amassed $1.3 billion in assets under management (AUM) within just over a year of launching its first fund.공시 • May 31Cypherpunk Holdings Inc., Annual General Meeting, Jul 30, 2024Cypherpunk Holdings Inc., Annual General Meeting, Jul 30, 2024.공시 • Jul 13Cypherpunk Holdings Inc., Annual General Meeting, Sep 12, 2023Cypherpunk Holdings Inc., Annual General Meeting, Sep 12, 2023.이익 및 매출 성장 예측NasdaqGS:STKE - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20279N/AN/A-619/30/2026-15N/AN/A-9913/31/2026-12-13587-16N/A12/31/20255-5010-16N/A9/30/202515-35-19-11N/A6/30/202520-4-51-9N/A3/31/2025163-114-3N/A12/31/2024137-36-1N/A9/30/2024117-1-1N/A6/30/2024-1-200N/A3/31/2024-2-2-1-1N/A12/31/2023-1-2-1-1N/A9/30/2023-5-6-1-1N/A6/30/2023-3-4-1-1N/A3/31/2023-1-3-1-1N/A12/31/2022-3-500N/A9/30/20223000N/A6/30/202243-10N/A3/31/202252-2-2N/A12/31/202164-3-2N/A9/30/20210-1-3-2N/A6/30/20210-2-2-1N/A3/31/20211000N/A12/31/20201000N/A9/30/20201000N/A6/30/2020-2-3-2-2N/A3/31/2020-1-2-3-3N/A12/31/2019-1-2N/A-3N/A9/30/2019-2-3N/A-3N/A6/30/201910N/A-2N/A3/31/2019-1-2N/A0N/A12/31/2018-1-1N/A0N/A9/30/201811N/A0N/A6/30/201800N/A76N/A3/31/201800N/A74N/A12/31/20170-1N/A73N/A9/30/20170-1N/A73N/A6/30/20170-5N/A-3N/A3/31/2017081N/A83N/A12/31/2016081N/A84N/A9/30/2016081N/A84N/A6/30/2016N/A83N/A83N/A3/31/2016N/A-2N/A-2N/A12/31/2015N/A-3N/A-2N/A9/30/2015N/A-3N/A-2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: STKE 의 예상 수익 증가율이 절약률(3.5%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: STKE 의 수익이 US 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: STKE 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: STKE 은(는) 내년에 수익이 없을 것으로 예상됩니다.고성장 매출: STKE 은(는) 내년에 수익이 없을 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: STKE의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 05:59종가2026/05/22 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sol Strategies Inc.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brett KnoblauchCantor Fitzgerald & Co.Thomas ShinskeCantor Fitzgerald & Co.Chris ThompsonHaywood Securities Inc.
Recent Insider Transactions • May 20Insider recently sold US$42k worth of stockOn the 12th of May, Antanas Guoga sold around 20k shares on-market at roughly US$2.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.4m. Despite this recent sale, insiders have collectively bought US$5.2b more than they sold in the last 12 months.
New Risk • May 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Minor Risks Revenue is less than US$5m (CA$4.8m revenue, or US$3.5m). Market cap is less than US$100m (US$81.2m market cap).
공시 • May 11Sol Strategies Inc. to Report Q2, 2026 Results on May 15, 2026Sol Strategies Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on May 15, 2026
공시 • May 06Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire HoudiniSwap LLC for $28 million.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire HoudiniSwap LLC for $28 million on May 1, 2026. The purchase price for the Acquisition is $18 million, comprised of $8.25 million in cash (with $7.0 million payable on closing and $1.25 million paid over the 18 months following closing), a $5.75 million six-month promissory note, and $4 million in shares, to be valued based on a 90-day VWAP ending prior to the closing date for the acquisition, subject to the rules of the Canadian Securities Exchange, and $0.1 million in common share purchase warrants, exercisable for a period of two years at a 25% premium to the market price. The acquisition also includes a two-year earn out of up to $10 million, based on a $2.5 million annual EBITDA hurdle. For the period ending December 31, 2025, HoudiniSwap LLC reported total revenue of $13 million. The acquisition remains subject to customary closing conditions, including the approval of Canadian Securities Exchange, and closing is expected to occur on or before May 29, 2026. A.G.P./Alliance Global Partners acted as acquisition advisor to Sol Strategies Inc. and will receive a $500,000 fee upon closing of the acquisition. Fasken LLP and Troutman Pepper Locke LLP acted as legal advisors to Sol Strategies Inc. Canaccord Genuity Corp. acted as financial advisor, and Goodmans LLP acted as legal advisor to HoudiniSwap LLC.
Recent Insider Transactions • May 06Insider recently bought US$282k worth of stockOn the 4th of May, Antanas Guoga bought around 200k shares on-market at roughly US$1.41 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$5.2b. Insiders have collectively bought US$5.2b more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 26Insider recently bought US$140k worth of stockOn the 22nd of April, Antanas Guoga bought around 104k shares on-market at roughly US$1.35 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$5.2b. Insiders have collectively bought US$5.2b more in shares than they have sold in the last 12 months.
공시 • Apr 15Sol Strategies Inc. (CNSX:HODL) completed the acquisition of Darklake Labs Pte. Ltd.Sol Strategies Inc. (CNSX:HODL) agreed to acquire Darklake Labs Pte. Ltd. for $1.2 million on April 7, 2026. A cash consideration of $0.2 million will be paid by Sol Strategies Inc. The consideration consists of common equity of Sol Strategies Inc. having a value of $1 million to be issued for common equity of Darklake Labs Pte. Ltd. As part of consideration, $1.2 million is paid towards common equity of Darklake Labs Pte. Ltd. Sol Strategies Inc. (CNSX:HODL) completed the acquisition of Darklake Labs Pte. Ltd. on April 14, 2026.
Recent Insider Transactions • Apr 07Insider recently sold US$101k worth of stockOn the 2nd of April, Antanas Guoga sold around 106k shares on-market at roughly US$0.95 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.4m. Despite this recent sale, insiders have collectively bought US$5.2b more than they sold in the last 12 months.
Board Change • Apr 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jose Calderon was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 01+ 1 more updateSOL Strategies Inc. Announces Appointment of Michael Hubbard as Chief Executive OfficerSOL Strategies Inc. announced that Michael Hubbard has been appointed Chief Executive Officer, having served as Interim CEO since October 1, 2025.
Recent Insider Transactions • Mar 20Interim CEO recently bought US$11m worth of stockOn the 17th of March, Michael Hubbard bought around 625k shares on-market at roughly US$17.51 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$11m worth in shares.
New Risk • Feb 19New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: CA$4.8m (US$3.5m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$4.8m revenue, or US$3.5m). Market cap is less than US$100m (US$43.3m market cap).
공시 • Feb 11Sol Strategies Inc. to Report Q1, 2026 Results on Feb 17, 2026Sol Strategies Inc. announced that they will report Q1, 2026 results on Feb 17, 2026
공시 • Jan 30Sol Strategies Inc., Annual General Meeting, Mar 31, 2026Sol Strategies Inc., Annual General Meeting, Mar 31, 2026.
공시 • Jan 21Sol Strategies Inc. Announces the Launch of STKESOLSOL Strategies Inc. announced the launch of STKESOL, a liquid staking token ("LST") that enables holders of Solana tokens ("SOL") to stake their SOL holdings in order to earn staking rewards, and receive in exchange a token that is liquid for use across decentralized finance ("DeFi") applications. The launch of STKESOL represents SOL Strategies' continued evolution within the Solana ecosystem, and the Company believes that STKESOL creates new revenue streams that complement the Company's existing infrastructure operations, which include validator operations and strategic SOL holdings. At launch, STKESOL will be available on some of Solana's largest DeFi platforms, including Orca, Squads, Kamino and Loopscale with the Company actively looking to expand the distribution further. STKESOL is issued automatically by the SPL Stake Pool Program, a smart contract software program on the Solana blockchain, in exchange for deposited SOL. Deposited SOL will be staked to one or more validators, as determined by the Company's automated delegation strategy. The SPL Stake Pool Program has been repeatedly audited, and continues to be audited whenever a material change is made, to ensure security and interoperability with all existing DeFi platforms. STKESOL can then be freely traded, sent, or transferred and its value relative to SOL is expected to steadily grow as the staked SOL in the underlying stake pool accrues staking rewards. By using an automated delegation strategy, STKESOL takes the SOL in its program and stakes them to dozens of validators, deciding which ones to stake to based on the Wiz Score on the Company's website stakewiz.com. This score in turn captures over a dozen metrics focused on performance, reliability, network health and decentralization. Unlike single-validator liquid staking solutions or native staking, STKESOL distributes stake across dozens of validators using SOL Strategies' established performance methodology. This approach reduces concentration risk while supporting network decentralization and validator sustainability throughout the Solana ecosystem. The platform earns fees through a transparent structure that includes deposit fees and a percentage of staking rewards generated by the pool. These revenue streams provide diversified income sources that complement SOL Strategies' existing validator operations and treasury holdings. The Company believes the liquid staking market has emerged as a critical and rapidly expanding segment within proof-of-stake blockchain networks, enabling capital efficiency while maintaining network security. As institutional adoption of Solana continues to accelerate, the Company expects that demand for professional-grade liquid staking solutions will grow. STKESOL's multi-validator approach and enterprise-grade infrastructure is designed to position SOL Strategies to capture market share while contributing to the broader Solana ecosystem's growth and decentralization. STKESOL's multi- validator distribution model also enables smaller validators throughout the Solana ecosystem to receive delegated stake and participate in network security. This approach strengthens SOL Strategies' position as a key infrastructure provider while supporting broader network decentralization. The platform is accessible through a dedicated interface at app.solstrategies.io, creating a streamlined experience for users seeking professional-grade liquid staking services.
New Risk • Jan 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$77.0m market cap).
Recent Insider Transactions • Jan 08Insider recently bought US$128k worth of stockOn the 5th of January, Antanas Guoga bought around 70k shares on-market at roughly US$1.83 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$287k. Despite this recent purchase, insiders have collectively sold US$43m more in shares than they bought in the last 12 months.
공시 • Jan 03Sol Strategies Inc. has filed a Follow-on Equity Offering in the amount of $50 million.Sol Strategies Inc. has filed a Follow-on Equity Offering in the amount of $50 million. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market Offering
공시 • Jan 02Sol Strategies Inc. to Report Fiscal Year 2025 Results on Jan 06, 2026Sol Strategies Inc. announced that they will report fiscal year 2025 results at 4:00 PM, US Eastern Standard Time on Jan 06, 2026
New Risk • Dec 31New major risk - Revenue and earnings growthEarnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$46.2m market cap).
Recent Insider Transactions • Dec 01Insider recently bought US$287k worth of stockOn the 28th of November, Antanas Guoga bought around 100k shares on-market at roughly US$2.87 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$1.6m. Despite this recent purchase, insiders have collectively sold US$51m more in shares than they bought in the last 12 months.
New Risk • Oct 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding).
Recent Insider Transactions • Oct 05Insider recently bought US$897k worth of stockOn the 2nd of October, Antanas Guoga bought around 200k shares on-market at roughly US$4.48 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$1.6m. Despite this recent purchase, insiders have collectively sold US$53m more in shares than they bought in the last 12 months.
공시 • Oct 02Sol Strategies Inc. announced that it has received CAD 30.003 million in fundingOn October 1, 2025, Sol Strategies Inc clsoed the transaction. The Company paid the Agent a cash commission equal to 6% of the gross proceeds of the LIFE Offering and issued the Agent broker warrants in an amount equal to 6% of the number of Units sold, which broker warrants are each exercisable to acquire one Common Share at an exercise price of CAD 8.90 for a period of 36 months following closing.
New Risk • Oct 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (23% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Significant insider selling over the past 3 months (US$8.7m sold). Market cap is less than US$100m (US$96.2m market cap).
공시 • Sep 24Sol Strategies Inc. announced that it expects to receive CAD 25 million in fundingSol Strategies Inc announced a best effort private placement to 3,649,635 issue unit at an issue price of CAD 6.85 for the proceeds of CAD 25,000,000 on under Life Offering September 23, 2025. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 8.90, representing a 30-per-cent premium to the unit price for a period of 36 months following closing. The company intends to grant the agents a cash commission equal to 6.0 per cent of gross proceeds, plus broker warrants equal to 6.0 per cent of the number of units sold, exercisable for 36 months at an exercise price of CAD 8.90, representing a 30-per-cent premium to the unit price. Closing is expected on or about Oct. 1, 2025 and is subject to stock exchange approval.
공시 • Sep 23+ 1 more updateSol Strategies Inc. Announces Chief Executive Officer ChangesSOL Strategies Inc. announced that Leah Wald, Director and Chief Executive Officer will be stepping down as CEO effective October 1, 2025. The Company has appointed its Chief Strategy Officer and Director, Michael Hubbard, as Interim CEO while an executive search mandate led by an external firm is underway. Mr. Hubbard brings several years of experience operating infrastructure on the Solana blockchain, having founded a Solana validator, Laine, in 2021 and having grown it to a peak of over 5.5m SOL delegated before it was acquired by the Company earlier this year.
공시 • Sep 13SOL Strategies Inc. Promotes Andrew McDonald to Chief Operating OfficerSOL Strategies Inc. announced the promotion of Andrew McDonald from Director of Operations to Chief Operating Officer ("COO"). Since joining SOL Strategies in January 2025, McDonald has demonstrated exceptional operational leadership across strategic initiatives, regulatory compliance, and institutional partnerships, consistently performing at the COO level. McDonald brings extensive experience from his prior roles as COO and General Manager at Bitaccess Inc. During his tenure, he played a key role in the company's expansion, driving significant growth in enterprise SaaS revenue and global network development while scaling operations and team growth.
Recent Insider Transactions • Sep 10Insider recently bought US$1.1m worth of stockOn the 5th of September, Antanas Guoga bought around 148k shares on-market at roughly US$7.20 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$47m more in shares than they bought in the last 12 months.
공시 • Aug 07Sol Strategies Inc. to Report Q3, 2025 Results on Aug 26, 2025Sol Strategies Inc. announced that they will report Q3, 2025 results After-Market on Aug 26, 2025
공시 • May 01Sol Strategies Inc. to Report Q2, 2025 Results on May 30, 2025Sol Strategies Inc. announced that they will report Q2, 2025 results on May 30, 2025
공시 • Apr 16Sol Strategies Inc., Annual General Meeting, Jun 19, 2025Sol Strategies Inc., Annual General Meeting, Jun 19, 2025.
공시 • Mar 11Sol Strategies Appoints Michael Hubbard as Chief Strategy OfficerSol Strategies Announced Appointment of Michael Hubbard as Chief Strategy Officer. Hubbard brings extensive expertise in validator operations, blockchain infrastructure, and decentralized network analytics. As the driving force behind Laine, he has built a reputation for developing Solana staking tools and validator services. Stakewiz.com's analytics platform serves as a crucial resource for the Solana ecosystem, offering validator performance insights, staking guidance, and real-time network analytics. His appointment as CSO strengthens Sol Strategies' position at the forefront of Solana infrastructure while reinforcing the company's commitment to becoming a key contributor to the ecosystem's growth and a leader in industry innovation and thought leadership. In his role as CSO, Hubbard will oversee the strategic direction of Sol Strategies' validator operations, with a focus on growth, efficiency, and innovation. His integration into the company seeks to ensure a seamless transition of Laine's technical expertise and validator assets into the Sol Strategies platform, while also driving the development of next generation staking solutions that meet the rigorous demands of institutional investors and ecosystem participants.
공시 • Mar 06Sol Strategies Inc. Appoints Luis Berruga to Its Board of DirectorsSol Strategies Inc. announced the appointment of Luis Berruga, Founder and Managing Partner of LBS Capital, to its Board of Directors. With over 20 years of expertise and leadership in global ETF markets and traditional finance, Berruga's extensive experience in ETF's and asset management is expected to provide critical insights and business development opportunities as Sol Strategies continues its growth trajectory and advances the development of its institutional Solana Staking platform. During his 10-year tenure at Global X ETFs, Berruga held several senior executive roles, including CEO and chairman of the board of the company's global operations, Board Member of Global X Funds, President and Chief Operating Officer, and Chief Financial Officer. In these capacities, he led operations and oversaw, designed, managed and successfully implemented all aspects of the infrastructure buildout necessary to support a fast-growing ETF business that rapidly increased assets under management from $2bn at the beginning of 2014 to $45bn at the end of 2023 in the US and $80bn globally. Since leaving Global X, Berruga founded and leads LBS Capital, a boutique investment firm and advisory business specializing in Exchange Traded Funds (ETFs) and corporate governance that partners with a select group of C-level executives in the wealth and asset management industry. Berruga's appointment increases Sol Strategies' Board of Directors to six members, reinforcing the Company's commitment to strong governance and diverse leadership. His extensive expertise in traditional asset management and deep relationships with global business leaders aligns closely with Sol Strategies' vision to create a leading institutional Solana staking platform through a combination of proprietary technology solutions and strategic partnerships and acquisitions.
공시 • Feb 27Sol Strategies Inc. to Report Q1, 2025 Results on Mar 03, 2025Sol Strategies Inc. announced that they will report Q1, 2025 results on Mar 03, 2025
공시 • Jan 24Sol Strategies Inc. announced that it has received CAD 30 million in funding from ParaFi Capital, LLCOn January 24, 2025. Sol Strategies Inc closed the transaction. it has issued unsecured convertible debenture units for gross proceeds of 2.5 million in its second tranche.
공시 • Jan 22Sol Strategies Inc. to Report Q4, 2024 Results on Jan 28, 2025Sol Strategies Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2025
공시 • Jan 17Sol Strategies Inc. announced that it has received CAD 27.5 million in funding from ParaFi Capital, LLCOn January 16, 2025, Sol Strategies Inc., closed the transaction.
공시 • Jan 10Sol Strategies Inc. announced that it expects to receive CAD 27.5 million in funding from ParaFi Capital, LLCSol Strategies Inc. announced private placement with ParaFi Capital to issue unsecured convertible debenture units for gross proceeds of CAD 27.5 million on January 9, 2025. Each CD Unit consists of one debenture with a principal amount of CAD 1,000, and 400 warrants. Interest on the Debentures accrues at a rate of 2.5% per annum, payable semi-annually in cash or common shares of the Company and the Debentures are convertible at any time into Shares of the Company at CAD 2.50 per Share. The closing of the Private Placement is expected on or about January 16, 2025, subject to customary closing conditions. The financing is led by
공시 • Jan 02Sol Strategies Inc. Appoints Max Kaplan as Head of StakingSol Strategies Inc. announced that Max Kaplan joined Sol Strategies as the new Head of Staking. Mr. Kaplan is the former Senior Director of Engineering at Kraken and brings a proven track record in scaling high-performance systems, optimizing operations, and driving innovation in cryptocurrency infrastructure. His expertise in DevOps, blockchain, and high-frequency trading will be pivotal in advancing Sol Strategies' staking operations and maximizing the potential of its expanded validator network.
공시 • Nov 27Sol Strategies Inc. (CNSX:HODL) completed the acquisition of High-Performance Validators of Cogent Crypto.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire High-Performance Validators of Cogent Crypto for $18.2 million on November 14, 2024. As part of transaction, Sol Strategies will acquire a 78% interest in a Validator on the Solana blockchain and a 100% ownership interest in Validators on the SUI blockchain, Monad blockchain, and Arch blockchains including main networks and test networks, and all accounts, information, data, infrastructure, intellectual property, rights, authorities and other property and components required for or associated with the access, management, operation and other use or exploitation of such Validator in the business of Cogent Crypto. As part of consideration, Sol Strategies Inc. will (i) pay $1 million in cash on Closing, (ii) issue 1,162,000 common shares of Sol Strategies on Closing (valued at a price of CAD 1.20 per Common Share), and (iii) issue 18,592,000 Common Shares (valued at a price of CAD1.20 per Common Share) over a period of three years from Closing on specific dates prescribed in the Definitive Agreement. The Common Shares issued as consideration for the Acquisition are subject to a statutory four-month hold period upon issuance and certain mutually agreed to trading restrictions. The Company will not be assuming any long-term debt, and no finder’s fees are payable in conjunction with the Acquisition. The transaction is subject to customary closing conditions, including the approval of the Canadian Securities Exchange. Daniel Fuke of Fasken Martineau DuMoulin LLP acted as legal advisor for Sol Strategies Inc. Ephraim Olson of Olson & Partners Law LLC acted as legal advisor for Cogent Crypto. Sol Strategies Inc. (CNSX:HODL) completed the acquisition of High-Performance Validators of Cogent Crypto on November 25, 2024.
공시 • Nov 15Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire an unknown majority stake in High-Performance Validators of Cogent Crypto for $18.2 million.Sol Strategies Inc. (CNSX:HODL) entered into a definitive agreement to acquire an unknown majority stake in High-Performance Validators of Cogent Crypto for $18.2 million on November 14, 2024. As part of trnsaction, Sol Strategies will acquire a 78% interest in a Validator on the Solana blockchain and a 100% ownership interest in Validators on the SUI blockchain, Monad blockchain, and Arch blockchains including main networks and test networks, and all accounts, information, data, infrastructure, intellectual property, rights, authorities and other property and components required for or associated with the access, management, operation and other use or exploitation of such Validator in the business of Cogent Crypto. As part of consideration, Sol Strategies Inc. will (i) pay $1 million in cash on Closing, (ii) issue 1,162,000 common shares of Sol Strategies on Closing (valued at a price of CAD 1.20 per Common Share), and (iii) issue 18,592,000 Common Shares (valued at a price of CAD1.20 per Common Share) over a period of three years from Closing on specific dates prescribed in the Definitive Agreement. The Common Shares issued as consideration for the Acquisition are subject to a statutory four-month hold period upon issuance and certain mutually agreed to trading restrictions. The transaction is subject to customary closing conditions, including the approval of the Canadian Securities Exchange.
공시 • Sep 11Cypherpunk Holdings Inc. Appoints Ungad Chadda as Additional Independent DirectorCypherpunk Holdings Inc. announced the appointment of Ungad Chadda as an additional independent director, joining the Company's Board of Directors effective immediately. Mr. Chadda is a seasoned capital markets regulator and financial services executive, having held various senior positions at TMX Group Limited, the parent company of the Toronto Stock Exchange. During Mr. Chadda's tenure of over 21 years at TMX Group, he held progressively senior roles, including Director of Listings, TSX Venture Exchange; Chief Operating Officer, TSX Venture Exchange; Vice President, Business Development, Toronto Stock Exchange and TSX Venture Exchange; President, Toronto Stock Exchange; CFO of TSX Trust (formerly Equity Transfer and Trust) an OSFI regulated entity; and SVP, Head of Enterprise Corporate Strategy and External Affairs, TMX Group. Currently, Mr. Chadda serves as the CEO and Director of Urban Infrastructure Group Inc., a TSX Venture Exchange-listed company in the construction industry. Mr. Chadda holds an Honours Bachelor of Commerce from McMaster University, obtained his Chartered Accountancy designation with Ernst &Young LLP in 1996, and completed the Director Education Course at the Rotman School of Management in 2019 as valedictorian.
공시 • Jul 10+ 1 more updateCypherpunk Holdings Inc. Announces CEO ChangesCypherpunk Holdings Inc. announced the appointment of Leah Wald, crypto industry veteran, as Chief Executive Officer. Ms. Wald replaces Antanas Guoga (Tony G) in this role and will also continue to serve as a director of Cypherpunk. Mr. Guoga will remain as the Company's Chairman. Ms. Wald is the co-founder and former CEO of Valkyrie Investments, a specialized digital asset management firm, where she spearheaded the launch of the first-ever NASDAQ-listed Bitcoin futures ETF. While leading Valkyrie, Ms. Wald also launched several other Bitcoin ETFs and private funds, paving the way for broader acceptance and integration of digital assets in traditional financial markets. Under her leadership, Valkyrie quickly rose to prominence, earning a reputation for its cutting-edge financial products and strategic market positioning, and amassed $1.3 billion in assets under management (AUM) within just over a year of launching its first fund.
공시 • May 31Cypherpunk Holdings Inc., Annual General Meeting, Jul 30, 2024Cypherpunk Holdings Inc., Annual General Meeting, Jul 30, 2024.
공시 • Jul 13Cypherpunk Holdings Inc., Annual General Meeting, Sep 12, 2023Cypherpunk Holdings Inc., Annual General Meeting, Sep 12, 2023.