Sol's Aug. 31 solana holdings at $111.7-million

Executive Summary

• Sol Strategies Inc. released its Q3 2025 financial results (ending June 30, 2025) and hosted a webcast to review performance.
• The company announced a major operational milestone in August 2025, surpassing $1 billion in assets under delegation (SOL) with 3,617,211 SOL delegated to its validators.
• The company reported record engagement with 8,812 unique wallets staking to its validators and highlighted expansion of its white-label validator services through a partnership with Solana Mobile.

Key Details

• Q3 2025 Financials: Released results for the quarter ending June 30, 2025, on August 26, 2025, with a subsequent webcast replay available.
• Assets Under Delegation (AUD): Surpassed $1 billion in SOL delegated to validators as of August 25, 2025, totaling 3,617,211 SOL.
• Wallet Growth: Achieved an all-time high of 8,812 unique wallets staking to its validators by month-end.
• Solana Mobile Partnership: White-label validator services gained traction with the Solana Mobile Seeker device launch; attracted over 3,233 unique wallets in less than 30 days post-launch, despite limited device shipments to 150,000+ preorder customers.
• Technical Contributions: Advancing open-source validator failover technology and supporting network improvements including SIMD-326 (Alpenglow consensus algorithm) and BAM (block auction marketplace) as an initial launch partner.
• Treasury Holdings (as of Aug 31, 2025):
  • Solana holdings: 402,623 SOL (valued at $111.7 million).
  • JitoSol staked holdings: 26,440 JitoSOL (valued at $9 million).
  • Combined SOL holdings: 435,064 SOL (valued at $120.8 million).
• Validator Performance:
  • Laine validator maintained 100% uptime for over 18 months.
  • Peak APY delivered: 7.38% (Orangefin) vs. network average of 7.11%.
• Strategic Outlook: CEO Leah Wald cited partnerships with ARK Invest and Solana Mobile as validation of growth and indicated the company is preparing for a Nasdaq listing.

Notable Quotes

• "Crossing $1-billion in assets under delegation this August represents the kind of growth that validates everything we've been building. With over 8,000 unique wallets now staking with us we're seeing real momentum across every part of our business. Our perfect uptime record and partnerships with institutional leaders like ARK Invest and Solana Mobile demonstrate that when you execute consistently, the market responds. We're building something significant here, and we believe these results show we're on the right trajectory as we prepare for Nasdaq." — Leah Wald, CEO