Sol Strategies reaches $1B in assets under delegation

Executive Summary

• Sol Strategies Inc. has surpassed CAD 1 billion in total SOL delegated to its validators, comprising both its own treasury holdings and third-party delegations.
• The company reached an all-time high of 7,068 unique wallets staking to its validators, indicating increased engagement from retail and institutional participants.
• The company's own SOL treasury consists of 399,907 SOL, valued at approximately $110 million, representing roughly 11% of the total delegated stake.

Key Details

• Total Delegated Assets: Surpassed CAD 1 billion in SOL delegated to validators.
• Total SOL Volume: 3,617,211 SOL delegated in total.
• Company Treasury Holdings: 399,907 SOL owned by Sol Strategies.
• Treasury Valuation: Approximately $110 million USD (based on Kraken SOL/Canadian-dollar exchange rate at 5:30 p.m. ET on Aug. 22, 2025).
• Treasury Percentage: Represents roughly 11% of the overall stake.
• Unique Wallets: Reached an all-time high of 7,068 unique wallets staking to its validators.
• Compliance Standards: Maintains SOC 2 Type 1, SOC 1 Type 1, and ISO 27001 certifications to support third-party delegations.
• Business Model: Combines validator operations with SOL treasury to provide shareholders with direct exposure to Solana's network growth and staking economics.

Notable Quotes

• "Crossing $1-billion in delegated SOL reflects the continued growth of our validator operations. The combination of our own treasury stake and third party delegations underscores the scale we have reached and the increasing participation in the Solana ecosystem." — Leah Wald, Chief Executive Officer