Northwire Canada EditionWednesday, October 21, 2026
Northwire
⌕
GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
Earnings

Sol Strategies' fiscal 2025 revenue at $14.5-million

HODL · Price

Executive Summary

  • Sol Strategies Inc. reported FY 2025 revenue of approximately $14.5 million, a 36.7% increase versus FY 2024.
  • Total SOL token holdings rose to 435,159 SOL (~$126.4 million), up from 100,763 SOL the prior year.
  • Adjusted EBITDA fell to ~$4.2 million from $9.5 million YoY, reflecting higher operating costs despite revenue growth.

Key Details

  • Revenue: $14.5 M for FY 2025 vs. $10.6 M in FY 2024 (+36.7%).
  • Validator Rewards Revenue: ~$5.4 M (FY 2025) vs. $0 in FY 2024.
  • Staking Rewards Revenue: ~$4.8 M (FY 2025) vs. $0.3 M in FY 2024.
  • Adjusted EBITDA: Approximately $4.2 M for FY 2025, down from $9.5 M in FY 2024.
  • SOL Holdings: 435,159 SOL (~$126.4 M) as of Sept 30 2025 vs. 100,763 SOL (~$20.8 M) on Sept 30 2024.
  • Webcast & Conference Call: Scheduled for Tuesday, Jan 6 2026 at 4:30 p.m. EST; dial‑in numbers and conference ID provided.
  • Management Presenters: Interim CEO Michael Hubbard, CFO Doug Harris, COO Andrew McDonald, CTO Max Kaplan.

Notable Quotes

(No direct quotes were included in the release.)

Read the original news release →

More from Sol Strategies Inc