Core Insights - SOL Strategies Inc. reported a 15% month-over-month revenue growth from June to July 2025, indicating strong operational performance [1][8] - The company has received board approval for a 1-for-8 share consolidation to facilitate its planned Nasdaq listing, which is a significant step towards accessing U.S. capital markets [8][9] - ARK Invest's Digital Asset Revolutions Fund has selected SOL Strategies as its exclusive staking provider, marking a notable partnership with a leading asset management firm [8][9] Financial Performance - Validator operations generated a 15.4% increase in revenue in SOL terms compared to June, driven by growth in network activity and operational efficiencies, achieving a gross margin of approximately 90% [8][9] - As of July 31, 2025, the company holds 396,717 SOL valued at CAD $91.4 million and combined SOL holdings of 428,995 SOL valued at CAD $98.8 million [8] - The company has achieved 100% uptime on its validator operations for over 500 days, showcasing reliability in its infrastructure [8] Upcoming Events - SOL Strategies will release its financial results for the third quarter ending June 30, 2025, on August 26, 2025, followed by a webcast to discuss performance and strategic progress [10][11]
Sol Strategies Monthly Update
Newsfileยท2025-08-05 13:23