Sol Strategies holds 396,717 solana as at July 31

Executive Summary

• Sol Strategies Inc. announced significant operational and strategic milestones for July 2025, including board approval for a one-for-eight share consolidation to facilitate a Nasdaq listing, and a partnership with Ark Invest as their staking provider.
• The company reported a 15.4% month-over-month increase in validator revenue (in SOL terms) with a gross margin of approximately 90%, alongside record-high levels of delegated Solana on its validators.
• The company confirmed the date for its Q3 2025 earnings release and webcast, scheduled for August 26, 2025.

Key Details

• Share Consolidation: Board approved a one-for-eight share consolidation in July 2025 to support the planned listing on Nasdaq and meet minimum share price requirements; listing remains subject to Nasdaq approval.
• Strategic Partnership: Ark Invest's Digital Asset Revolutions Fund selected Sol Strategies as its exclusive staking provider.
• Financial Performance (Validators):
  • Validator revenue increased by 15.4% in SOL terms month-over-month (compared to June).
  • Gross margin for validator operations was approximately 90%.
• Operational Metrics (as of July 31, 2025):
  • SOL Holdings: 396,717 SOL (valued at $91.4 million).
  • JitoSol Staked Holdings: 26,440 JTO (valued at $7.4 million).
  • Combined SOL Holdings: 428,995 SOL (valued at $98.8 million).
  • Assets Under Delegation (AUD): 3,551,797 SOL.
  • Unique Wallets Served: 5,537.
  • Validator Uptime: 100% uptime on Laine for over 500 days.
  • Peak APY Delivered: 7.704% (Orangefin) vs. network average of 7.41%.
• Earnings Date: Q3 2025 financial results (for period ended June 30, 2025) will be released on Tuesday, August 26, 2025, with a webcast at 4:30 p.m. EST.

Notable Quotes

• "July demonstrated our ability to execute on multiple strategic initiatives simultaneously. The board's approval of a share consolidation advances us towards our anticipated Nasdaq listing under the new ticker symbol STKE while Ark Invest's selection of Sol Strategies as their exclusive staking partner validates our leading performance, reliability and institutional-grade validator infrastructure. With 15-per-cent growth in validator revenues and continued 100-per-cent uptime, we're building the operational foundation for our next phase of growth." — Leah Wald, CEO