Solana Mobile Validator

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SOL Strategies September 2025 Monthly Business Update
Newsfile· 2025-10-03 12:43
Core Insights - SOL Strategies Inc. has undergone a leadership transition and is focusing on its next phase of growth following a pivotal year that included a Nasdaq cross-listing and the advancement of its Solana treasury model [2][4][9] Corporate Highlights - The company successfully closed a CAD$30 million financing under Canada's Listed Issuer Financing Exemption (LIFE), with proceeds aimed at acquiring additional SOL tokens and for working capital and debt repayment [3] - SOL Strategies achieved a milestone by cross-listing on the NASDAQ Global Select Market under the symbol "STKE" on September 9, 2025, enhancing access to U.S. capital markets [4] Treasury and Validator Operations - As of September 30, 2025, the company holds 435,033 SOL valued at approximately CAD $126.1 million, with a validator uptime of 100% and a peak annual percentage yield (APY) of 6.96% [7] - Delegated Solana on the company's validators decreased by 23.7% from 3.62 million SOL to 2.76 million SOL, attributed to increased competition and structural changes in the digital asset markets [5][9] Leadership Changes - Leah Wald stepped down as CEO and Director, with Michael Hubbard appointed as Interim CEO, bringing extensive Solana ecosystem expertise [6] - Andrew McDonald was promoted to COO, having played a key role in regulatory compliance and operational execution [6] Strategic Initiatives - The company is expanding its business development initiatives, including appointing a Head of Growth and deepening engagement with ETF providers evaluating Solana-linked products [8] - A strategic partnership with Crypto.com was established to integrate validator services into institutional custody offerings, which is expected to enhance the company's market position [10]
X @Solana
Solana· 2025-08-06 16:25
Product Announcement - SOL Strategies announces the launch of the Solana Mobile Validator, designed for seamless integration with the Solana Mobile Seeker phone [1] - The validator allows users to stake directly from Seeker's Seed Vault Wallet [1] - Staking rewards have no fees [1] - The validator is ISO 27001 & SOC 2 compliant [1] Functionality - Users can secure the network and earn SOL yield directly from their pocket [1] Additional Information - Validator details are available via a provided link [1]