Sol Strategies Inc. Common Shares

Sol Strategies Inc. Common Shares

STKE · NASDAQ · Financial Services / Capital Markets

1.09USD-0.04 (-3.54%)

Price History

Full chart

Market Stats

Previous Close1.13
Open1.17
Day Range1.08 – 1.17
52-Week Range0.847 – 4.71
Volume182.68K
Market Cap65.54M
P/E (TTM)0.00
Forward P/E0.00
EPS-3.53
Dividend Yield0.00%
Beta1.59
50-Day Avg1.17
200-Day Avg1.43

About

Sol Strategies Inc. invests in and provides infrastructure for the Solana Blockchain ecosystem. The company operates validator nodes on several Proof of Stake blockchain networks, primarily Solana and SUI, enabling transaction validation and block proposals; cryptocurrency staking; delegating tokens to validators for passive rewards. The company was formerly known as Cypherpunk Holdings Inc. and changed its name to Sol Strategies Inc. in September 2024. Sol Strategies Inc. was incorporated in 2002 and is headquartered in Toronto, Canada.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Michael Hubbard
  • Headquarters217 Queen Street West, Toronto, ON, Canada, M5V 0R2, USA
  • Websitehttps://solstrategies.io

Leadership

  • Mr. Jon MatonisChairman of the Board
  • Mr. Michael HubbardChief Executive Officer & Director
  • Mr. Douglas Andrew Harris C.A., C.P.A., CBV, M.B.A.Chief Financial Officer · b. 1965
  • Mr. Andrew McDonaldChief Operating Officer
  • Mr. Stephen Jay EhrlichChief Strategy Officer · b. 1967
  • Mr. Jeremy S. BuddCorporate Secretary · b. 1979

Financials

Income Statement

Currency: CAD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue117.66K208.70K-1.13M9.40M14.40M
Growth (%)-+77.37%-643.70%+928.67%+53.15%
Cost of Revenue----3.20M
Gross Profit-----3.20M
Gross Margin-----22.20%
Operating Expense----41.61M
Operating Income-2.36M793.20K-6.31M8.19M-44.81M
Operating Margin-2006.13%380.07%556.03%87.12%-311.18%
EBITDA-1.75M-3.70M-6.59M7.97M-31.38M
EBITDA Margin-1489.75%-1772.62%580.59%84.76%-217.94%
Net Income-1.17M358.46K-6.28M6.61M-35.04M
Net Income Margin-998.18%171.76%553.66%70.27%-243.30%
Interest Expense---03.20M
Interest Expense % of Total Revenue---0.00%22.20%

Balance Sheet

Currency: CAD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets31.23M23.89M17.05M28.90M169.60M
Total Liabilities3.39M308.29K226.48K2.18M54.82M
Total Equity27.84M23.58M16.83M26.72M114.78M
Cash876.76K18.54M1.93M1.81M1.79M
Total Debt1.19M---51.91M
Net Debt309.05K-18.54M-1.93M-1.81M50.13M

Cash Flow

Currency: CAD2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow--1.64M211-1.13M-856.73K-11.00M
Investing Cash Flow--12.08M18.84M-14.77M1.51M-73.20M
Financing Cash Flow-14.10M-1.18M-707.76K-767.96K84.18M
Capital Expenditure0938.58K1.79M8.12M07.75M
Free Cash Flow--2.57M-1.79M-1.13M-856.73K-18.76M
FCF to OCF-157.39%-849103.79%100.00%100.00%170.47%

Earnings

Report DateSep 30, 2006Dec 31, 2006Mar 31, 2007Aug 2, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009May 12, 2010Aug 11, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Feb 14, 2013May 17, 2013Aug 23, 2013Sep 30, 2013Jan 15, 2014Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Jun 2, 2025Aug 26, 2025Dec 30, 2025Feb 17, 2026May 15, 2026Aug 17, 2026
EPS Estimate----------------------------------------------------------------------------0.23-0.15-0.20-0.15-0.11
EPS Actual-0.16-0.31-0.42-0.11-1.45-0.25-0.22-0.21-0.48-0.45-0.210.050.05-0.12-0.19-0.24-0.070.00-0.15-0.20-0.21-0.13-0.18-2.04-0.34-0.14-0.11-0.13-0.22-0.22-0.08-0.04-0.02-0.04-0.11-0.05-0.02-0.02-0.035.90-0.27-0.01-0.03-0.010.05-0.000.01-0.030.08-0.14-0.040.13-0.15-0.07-0.040.060.060.370.52-0.51-0.180.15-0.07-0.04-0.02-0.05-0.00-0.08-0.110.10-0.01-0.060.220.12-0.18-0.40-1.15-0.31-0.42-0.14
Surprise----------------------------------------------------------------------------72.41%-656.58%-55.00%-180.00%-34.06%
Timing-----------------------------------------------------------------------------After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap65.54M
Enterprise Value101.46M
Trailing P/E0.00
Forward P/E0.00
Price / Sales5.12
Price / Book2.69
EPS-3.53
Book Value0.6227
Revenue (TTM)12.79M
Gross Profit (TTM)12.79M
EBITDA-5.92M
Profit Margin0.00%
Operating Margin-224.19%
Return on Equity-212.98%
Return on Assets-7.72%
Shares Outstanding39.72M
Shares Float31.16M
Beta1.59
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
3.77%
Insiders
23.09%
Retail / Other
73.14%

Top Institutional Holders

  • J.Derek Lewis & Associates Inc
    381.28K0.96%
  • Key Client Fiduciary Advisors, LLC
    356.39K0.90%
  • Mmcap International Inc. Spc
    250.00K0.63%
  • UBS Group AG
    242.50K0.61%
  • Marshall Wace Asset Management Ltd
    94.22K0.24%
  • Jane Street Group LLC
    76.81K0.19%
  • Lighthouse Investment Partners, LLC
    67.50K0.17%
  • StoneX Group Inc
    32.52K0.08%
  • Pathstone Holdings LLC
    28.13K0.07%
  • Virtu Financial LLC
    24.20K0.06%
  • Creative Planning Inc
    22.51K0.06%
  • Bank of Montreal
    22.24K0.06%
  • CapTrust Financial Advisors
    22.12K0.06%
  • TWO SIGMA SECURITIES, LLC
    15.55K0.04%
  • NORTHBRIDGE FINANCIAL GROUP, LLC
    13.99K0.04%
  • Wall Street Access Asset Management, LLC
    12.50K0.03%
  • Group One Trading, LLC
    11.86K0.03%
  • CARY STREET PARTNERS FINANCIAL LLC
    10.30K0.03%

Top Fund Holders

  • Cinvest Multigestión Oricalco FI
    50.00K0.13%
  • Cinvest Multig Selec Oricalco FI
    19.70K0.05%

Stock Splits

  • Aug 5, 20251:8