SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, issued a corporate update for the month of July and announced the date of its third quarter 2025 earnings session.
July 2025 Corporate Highlights:
- Board Approval of Share Consolidation: On July 23, 2025, SOL Strategies announced that In July 2025, the Board of Directors approved a 1-for-8 share consolidation to support the Company’s planned listing on Nasdaq and ensure compliance with the exchange’s minimum share price requirements-an important milestone in our strategy to broaden access to U.S. capital markets. The Nasdaq listing remains subject to Nasdaq approval and standard regulatory conditions.
- Ark Investment chooses SOL Strategies as Staking Provider: On July 28, 2025 SOL Strategies announced that ARK Invest’s Digital Asset Revolutions Fund selected SOL Strategies as its Staking Provider. This is a major milestone for the Company in working with one of the most prestigious ETF asset management companies in the United States.
- Validator revenue up 15.4% in SOL terms month over month: Validator operations generated 15% higher revenues in SOL terms compared to June, reflecting both network activity growth and operational efficiency improvements with a gross margin of approximately 90%
- Validator Operations Update: The company also continued to expand its core validator operations and achieved its highest levels of delegated Solana on its validators as well as continued advancements in its infrastructure management, including the release of its open-source validator failover technology for community use as part of ongoing efforts to support broader ecosystem efforts.
Data reflects internal reporting of validator performance “metrics for the period ending July 31, 2025. Figures are unaudited and subject to revision.”
Treasury and Validator Operations Update (as of July 31, 2025):
- SOL Holdings: 396,717 SOL (CAD $91.4 million)
- JitoSOL Staked Holdings: 26,440 JTO (CAD $7.4 million)
- Combined SOL Holdings: 428,995 SOL (CAD $98.8 million)
- Assets Under Delegation (AUD): 3,551,797 SOL
- Unique Wallets Served: 5,537
- Validator uptime spotlight: 100% uptime on Laine for over 500 days
- Peak APY delivered: 7.704% (Orangefin); Network average: 7.41%