Tuesday, 02 January 2024 12:17 GMT

SOL Strategies Announces Purchase Of 88,433 SOL From LIFE Offering Proceeds


(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - October 14, 2025) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), the first publicly traded company to combine a substantial Solana treasury with a revenue-generating validator business, today announced the purchase of 88,433 SOL tokens from the proceeds of its recently closed C$30 million LIFE offering, at an average price of USD$193.93 per SOL.

The purchase includes approximately 79,000 locked SOL tokens acquired from the Solana Foundation at a 15% discount and the purchase of spot SOL tokens in the open market. Locked tokens will fully unlock after twelve months and are immediately fully staked to the Company's validators.

"This strategic deployment of capital from our LIFE offering demonstrates our commitment to expanding our Solana treasury at attractive valuations," said Michael Hubbard, Interim CEO of SOL Strategies. "Acquiring locked SOL at a 15% discount while immediately generating staking rewards through our validator infrastructure exemplifies our DAT++ strategy in action."

About SOL Strategies

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.

To learn more about SOL Strategies, please visit A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at and EDGAR at .

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