This release corrects and replaces the press release issued by SOL Strategies Inc. on Feb 11, 2026 at 8:30 AM EST. The updated version reflects a correction in the opening paragraph where it should read financial results for the quarter ended December 31, 2025 on February 17, 2026 instead of March 17, 2026. The corrected press release follows in full below:Toronto, Ontario--(Newsfile Corp. - February 12, 2026) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), one of the ...

Core Insights - SOL Strategies Inc. has provided a comprehensive corporate update for January 2026, highlighting significant growth in its validator network and the launch of its liquid staking platform, STKESOL [1][5]. Validator Network Milestones - The company surpassed 31,000 unique wallet addresses delegating to its validator network, representing a 105% growth in unique wallet adoption since September 2025 [2]. - The assets under delegation (AuD) reached 4 million SOL, indicating continued expansion of both institutional and retail delegator bases [2]. STKESOL Liquid Staking Platform Launch - STKESOL was launched on January 20, 2026, allowing SOL holders to earn staking rewards while maintaining liquidity for use across Solana decentralized finance applications [3]. - In the first two weeks post-launch, the platform attracted over 680,000 SOL in inflows, delegated to over 50 validators, and secured integrations with prominent DeFi platforms such as Kamino, Squads, Jupiter, and Orca [4]. Strategic Positioning - The launch of STKESOL is viewed as a strategic move to capture the growing demand for institutional-grade liquid staking solutions, reinforcing SOL Strategies' role as a core infrastructure provider within the Solana ecosystem [5]. - The company aims to build technology that generates multiple revenue streams while contributing to the decentralization of the Solana network [6]. Treasury and Validator Operations Update - As of February 3, 2026, the total treasury holdings included 530,251 SOL, valued at approximately CAD $71.72 million [11]. - The company reported a validator uptime of 99.99% across all proprietary validators and a peak annual percentage yield (APY) delivered of 6.47% [11]. Upcoming Events - SOL Strategies will hold its annual general and special meeting of shareholders on March 31, 2026, to address ordinary business matters and items raised in a shareholder requisition [7].

Core Insights - SOL Global Investments Corp. has successfully repaid approximately $566,306 in outstanding indebtedness to debentureholders by issuing 3,612,540 common shares at a deemed price of $0.1567 per share instead of cash [1] - The debentures were issued under a convertible debenture indenture dated January 21, 2025, and are set to mature on January 21, 2026 [1] - The issuance of settlement shares complies with the terms of the indenture and is subject to applicable securities laws and Canadian Securities Exchange policies [1] Company Overview - SOL Global is one of the first publicly traded companies globally focused exclusively on digital assets [3] - The company aims to provide public exposure to select ecosystems through token acquisitions, staking for yield generation, and investments in early-stage protocols [3]

Core Insights - The Solana ecosystem tokens experienced a decline of over 9.4% week-over-week, with the total market capitalization dropping from over $202 billion to less than $184 billion [1][4] Market Performance - The overall market capitalization of Solana-based tokens fell approximately 9.5% during the same period, reflecting broader market volatility amid rising geopolitical tensions [2][1] - The InfoFi token Kaito (KAITO) saw a significant drop of nearly 25% after access restrictions were imposed by the social media platform X [3][6] Tokenized Real-World Assets (RWAs) - Tokenized real-world assets on Solana reached a record total market cap of over $1 billion, indicating continued interest from financial institutions in the blockchain network [4][9] - On January 15, the market cap for tokenized RWAs peaked at $1.15 billion, showcasing the growing adoption of blockchain technology in traditional finance [9]

Core Viewpoint - SOL Strategies Inc. has launched STKESOL, a liquid staking token that allows holders of Solana tokens to stake their holdings for rewards while maintaining liquidity for use in decentralized finance applications [1][2]. Group 1: Product Launch and Features - STKESOL enables users to stake their SOL tokens and receive a liquid token in return, which can be utilized across various DeFi platforms [1][2]. - The token is issued through the SPL Stake Pool Program, which automatically stakes deposited SOL to multiple validators based on an automated delegation strategy [3]. - STKESOL's value is expected to grow as the staked SOL accrues rewards, and it can be freely traded or transferred [3]. Group 2: Business Strategy and Revenue Generation - The launch of STKESOL is part of SOL Strategies' strategy to create new revenue streams that complement its existing validator operations and SOL holdings [2][5]. - The platform generates income through a transparent fee structure, including deposit fees and a percentage of staking rewards, providing diversified revenue sources [5]. - The company anticipates that the liquid staking market will continue to expand, driven by institutional adoption of Solana [6]. Group 3: Market Positioning and Infrastructure - STKESOL's multi-validator approach reduces concentration risk and supports network decentralization, enhancing the sustainability of validators within the Solana ecosystem [5][7]. - The platform is designed to capture market share in the growing liquid staking segment while contributing to the overall growth and decentralization of the Solana network [6][7]. - SOL Strategies positions itself as a key infrastructure provider, supporting smaller validators and enhancing network security [7].

Group 1 - SOL Global Investments Corp. announced a consolidation of its issued and outstanding common shares at a ratio of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares [1][2][3] - The total number of outstanding shares will be reduced to approximately 22,999,743 common shares following the consolidation [1][3] - The company's name and symbol will remain unchanged despite the share consolidation [1][3] Group 2 - All open orders will be canceled at the close of business on January 13, 2026, and dealers are reminded to re-enter their orders considering the share consolidation [2][3] - Trading on a consolidated basis is set to begin on January 14, 2026 [4] - The record date and anticipated payment date for the shares will also be January 14, 2026, with the new symbol being SOL and the new CUSIP being 78471G 40 7 [4]

Core Viewpoint - SOL Strategies Inc. is restructuring its balance sheet by converting 50% of its outstanding credit facility into equity, which reflects the lender's confidence in the company's business model focused on the Solana ecosystem [1][3]. Group 1: Credit Facility Details - The Amended Credit Facility allows for 50% of the outstanding balance to convert to equity at a price of C$2.14 per common share, resulting in the issuance of 2,300,726 common shares [2]. - The remaining balance of the credit facility will be repaid in two cash tranches of C$2,461,777.12 each, due within seven and forty-five days respectively [2]. Group 2: Management Commentary - The Interim CEO, Michael Hubbard, stated that this restructuring optimizes the capital structure and is a significant milestone in reducing liabilities [3]. - The conversion of half of the facility to equity demonstrates the lender's continued trust in the company's Solana infrastructure business [3]. Group 3: Related Party Transaction - The lender, Antanas Guoga, is a former Board Chairman and significant shareholder, holding approximately 13% of the company's outstanding common shares on an undiluted basis [3]. - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, and the company is relying on exemptions from formal valuation and minority shareholder approval requirements [3]. Group 4: Reporting and Compliance - The company did not file a material change report 21 days prior to agreeing to the Amended Credit Facility, as it deemed it in its best interest to settle the terms without delay [4]. - A material change report will be filed containing all prescribed disclosures related to this related party transaction within the required timeframe [4].

Core Viewpoint - SOL Strategies Inc. has reported significant financial growth for the fiscal year ended September 30, 2025, highlighting its commitment to the Solana ecosystem and its strategic investments in blockchain innovation [1][6]. Financial Performance - Revenue for the fiscal year ended September 30, 2025, was approximately CAD $14.5 million, representing a 36.7% increase from CAD $10.6 million in the same period in 2024 [14]. - Total SOL holdings as of September 30, 2025, amounted to 435,159 SOL, valued at approximately CAD $126.4 million, up from 100,763 SOL valued at around CAD $20.8 million as of September 30, 2024 [14]. - Revenue generated from validator rewards for the fiscal year was approximately CAD $5.4 million, a significant increase from nil in the previous fiscal year [14]. - Revenue from staking rewards reached approximately CAD $4.8 million, up from CAD $0.3 million for the fiscal year ended September 30, 2024 [14]. - Adjusted EBITDA for the fiscal year was approximately CAD $4.2 million, down from CAD $9.5 million for the fiscal year ended September 30, 2024 [14]. Upcoming Events - The company will host a webcast and conference call on January 6, 2026, at 4:30 PM EST to discuss these financial results and provide insights into recent milestones and growth outlook [4][5].

Core Viewpoint - SOL Strategies Inc. is set to release its financial results for the year ended September 30, 2025, on December 29, 2025, and will host a webcast and conference call on January 6, 2026, to discuss these results and the company's growth outlook [1][2]. Company Overview - SOL Strategies Inc. is a Canadian investment company focused on blockchain innovation, specifically within the Solana ecosystem, providing strategic investments and infrastructure solutions for decentralized applications [4]. Upcoming Events - The financial results webcast and conference call will take place on January 6, 2026, at 4:30 PM EST, featuring interim CEO Michael Hubbard, CFO Doug Harris, COO Andrew McDonald, and CTO Max Kaplan [2]. - A replay of the event will be available shortly after the live session, and interested parties are encouraged to sign up for the investor distribution list for future updates [3].

Market Analysis - SOL price changed without corresponding change in market capitalization [1] - Suggests SOL is not undervalued due to its inflationary nature [1] - Predicts a potential price range of $50-$70 for SOL if the market doesn't improve quickly [1]