Sol Strategies Inc Stock Price, News & Analysis

Sol Strategies (CSE: HODL) has announced an exclusive institutional staking partnership with Neptune Digital Assets (TSXV: NDA, OTCQB: NPPTF). Under this agreement, Sol Strategies will share validator block rewards with Neptune, creating a new value proposition in the institutional staking market for Solana network.

The partnership aims to align interests between validators and institutional partners while maintaining network security and decentralization. According to CEO Leah Wald, the company is experiencing increased demand for secure, compliant staking solutions. Neptune's CEO Cale Moodie cited Sol Strategies' proven track record and infrastructure as key factors in selecting them as their staking partner.

Sol Strategies (CSE: HODL) (OTCQX: CYFRF) has been selected as an approved staking provider for Tetra Trust, Canada's First Licensed Digital Asset Trust Company. The integration allows Tetra's institutional clients, including 3iQ's upcoming Solana Staking ETF, to directly access Sol Strategies' validator infrastructure through Tetra's custody platform.

Tetra Trust, regulated under the Loan and Trust Act of Alberta, provides custody solutions for Canada's leading digital asset investment products. The partnership strengthens Sol Strategies' position following their recent selection as the staking provider for 3iQ's Solana Staking ETF, which will utilize Tetra's custody platform.

Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) has expanded its Solana blockchain investment portfolio by purchasing an additional 12,456 SOL between February 7-14, 2025, for approximately CAD $3.59 million at an average price of CAD $288.48 per SOL.

Following this acquisition, the company's total SOL holdings reached 226,798 SOL, representing a total investment of approximately CAD $59.2 million at an average purchase price of CAD $260.94 per SOL. Based on the February 14, 2025 closing price of USD $199.94 per SOL, the company's SOL holdings were valued at CAD $64.2 million.

Antanas Guoga, Chair and director of Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.), has filed an early warning report regarding the disposition of 2,938,799 common shares through the Canadian Securities Exchange between February 6-12, 2025.

Prior to the disposition, Guoga held 48,301,587 common shares, representing approximately 31.54% of the issued and outstanding shares. After the disposition, his holdings decreased to 42,540,588 shares, representing approximately 27.78% of the outstanding shares.

Guoga maintains a long-term investment view and may acquire additional securities or sell shares in the future depending on market conditions and other factors.

Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) has announced a non-binding letter of intent to acquire one of Solana ecosystem's largest validators for USD $34 million (CAD $48.7 million). The transaction would increase Sol Strategies' delegated SOL to over 2.9 million SOL (CAD $800 million), representing an increase of 1.2 million SOL.

The acquisition terms include: USD $10 million in cash at closing, USD $12 million in shares at closing, and USD $12 million in common shares on the one-year anniversary. The estimated yearly contribution to net income from this acquisition is projected at CAD $8.6 million. The transaction completion is subject to definitive agreement and required consents, with no finder's fees payable.

Sol Strategies (CSE: HODL) (OTCQX: CYFRF) has been selected as the staking provider for 3iQ Corp.'s Solana Staking ETF, marking a significant advancement in institutional Solana staking adoption. Through a non-binding MOU signed on February 7, 2025, Sol Strategies commits to invest either $15 million or 33.33% of the Fund's total assets at launch, with a minimum three-month investment period.

The company has demonstrated substantial growth with 1.64M SOL in total delegation across three validators and increased SOL holdings to 218,903 SOL. Technical achievements include the deployment of two Firedancer validators and an upgrade to Jito 2.1, enhancing Solana's performance and security. The company maintains strong liquidity of $72M CAD, as reported in their latest MD&A.

Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) has expanded its SOL holdings through strategic purchases between January 31 and February 7, 2025. The company acquired 24,374 new SOL for approximately CAD $7.3 million (USD $5.1 million), at an average price of CAD $298.64 per SOL.

As of February 7, 2025, Sol Strategies' total holdings amount to 214,342 SOL, acquired at a total purchase price of CAD $55.6 million (USD $39.5 million), with an average purchase price of CAD $259.37 per SOL. Based on the February 7, 2025 closing price of USD $192.2 per SOL, the total holdings are valued at CAD $58.9 million (USD $41.2 million).

Antanas Guoga, Chair and director of Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.), has filed an early warning report regarding the disposition of 2,201,800 common shares through the Canadian Securities Exchange between February 3-5, 2025.

Prior to the disposition, Guoga held 50,503,387 common shares, representing approximately 32.98% of the company's outstanding shares. Following the transaction, his holdings decreased to 48,301,587 shares, representing approximately 31.54% of outstanding shares on both undiluted and partially diluted basis.

Guoga maintains a long-term investment perspective and may either acquire additional securities or sell shares in the future, depending on market conditions and other factors.

Sol Strategies (CSE: HODL) (OTCQX: CYFRF) has announced a stock option grant effective January 31, 2025. The company granted a total of 400,000 stock options to certain directors and consultants, allowing them to purchase common shares at an exercise price of $4.91 per share. The options have a five-year exercise period, and the shares issued upon exercise will be subject to a four-month hold period from the original grant date. The company has filed a Form 11 with the CSE to reflect this option grant.