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Earnings

SOL Strategies Reports Financial Results for Fiscal Year Ended September 30, 2025

By The Northwire Desk — AI Analysis Dec 31, 2025 · 08:31 HODL · 2.14 Sol Strategies Inc.
HODL · Price

Executive Summary

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

Key Details

  • Revenue: CAD $14.5 million for FY 2025 vs. CAD $10.6 million in FY 2024 (+36.7%).
  • SOL Holdings: 435,159 SOL valued at ≈CAD $126.4 million as of Sept 30 2025 (up from 100,763 SOL, ≈CAD $20.8 million in 2024).
  • Validator Rewards Revenue: CAD $5.4 million in FY 2025 (previously $0).
  • Staking Rewards Revenue: CAD $4.8 million in FY 2025 vs. CAD $0.3 million in FY 2024.
  • Adjusted EBITDA: CAD $4.2 million for FY 2025, down from CAD $9.5 million in FY 2024.
  • Webcast & Conference Call: Scheduled for Tuesday, Jan 6 2026 at 4:30 PM EST; hosted by CEO Michael Hubbard, CFO Doug Harris, COO Andrew McDonald, and CTO Max Kaplan. Dial‑in: (800) 274‑8461 / (203) 518‑9814, Conf ID SOLQ425; webcast link https://event.on24.com/wcc/r/5131494/5D26EC1371A09C1498900CBBC438CC29.
  • Financial Documents: Full statements and MD&A available on SEDAR+ (www.sedarplus.ca).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Management