(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - November 3, 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 operating business, today issued a comprehensive corporate update for the month of October 2025.
October 2025 Corporate Highlights:

Treasury Deployment from LIFE Offering: Following the successful closing of the CAD$30 million upsized LIFE offering on October 1, SOL Strategies announced the successful deployment of proceeds to acquire additional SOL tokens for its treasury. These include purchases and staking of locked SOL at a discount to market price, further enhancing the Company's validator operations and treasury accumulation strategy.

SOC 1 and SOC 2 Type 2 Compliance Achieved: As announced on October 27, the Company successfully completed SOC 1 and SOC 2 Type 2 audits, advancing the company's commitment to institutional grade compliance, controls and security in its institutional staking services.. Type 2 audits evaluate not only the design but also the effectiveness of operating security controls over time, demonstrating the Company's commitment to maintaining institutional-grade security standards. This milestone strengthens the Company's position as a trusted infrastructure provider for institutional clients and underscores its role as an institutional grade staking service provider in both U.S. and Canadian markets.

Letter to Shareholders: On October 31, 2025, Mr. Hubbard issued a Letter to Shareholders providing insight into the Company's operational performance, strategic initiatives, and market positioning. The full letter is available on the Company's blog.

Watertower Research Fireside Chat: The Company participated in a fireside chat hosted by Watertower Research in October, providing institutional investors with insights into SOL Strategies' business model, validator operations, and treasury strategy. This engagement continues to expand the Company's visibility within institutional investment communities. If you missed the fireside chat, you can register to listen to the recording here.

Leadership Continuity and CEO Search Update: October marked a month of operational continuity under the leadership of Michael Hubbard, who continues to serve as Interim CEO following his appointment on October 1, 2025. The Company remains focused on executing its DAT ++ Strategy while conducting a comprehensive search for a permanent Chief Executive Officer. The Board of Directors is committed to identifying the right leadership match to advance the Company's strategic vision and position SOL Strategies for continued growth in the evolving Solana ecosystem.

Treasury and Validator Operations Update (as of October 31, 2025):

• SOL Holdings: 526,513 SOL (~ CAD $137,009,212)
  • Converted 8,000 SOL to laineSOL and deployed into Defi, underlying SOL remains staked to Laine validator (current estimated yield: 8.01% p.a.***)
• SOL earned in September from proprietary validators: ~787 SOL**
• Assets Under Delegation (AUD): 2,816,529 SOL
• Unique Wallets Served: 19,403
• Validator uptime spotlight: 100% uptime across all validators
• Peak APY delivered: 6.68% (Orangefin); Network average: 6.45%

*All CAD equivalents are based on a SOL/CAD exchange rate of 1 SOL = CAD $260.22, as published on Kraken of October 31, 2025 at 3:01 p.m. Eastern Time.
*Additional data and validator performance metrics are available via the affiliated SOL Strategies dashboard on Dune Analytics: . Figures are based on internally maintained and affiliated data sources and are subject to change.
**Validator revenue net of voting costs
***APY Estimate provided by Kamino on November 1, 2025, 9:00pm Eastern Time

Management Commentary

Michael Hubbard, Interim CEO of SOL Strategies, stated: "October was a month of progress across multiple dimensions of our business. Achieving SOC 2 Type 2 certification demonstrates our unwavering commitment to maintaining the highest standards of security and operational controls, providing a critical requirement for institutional clients. This, combined with our strategic partnership with Netcoins and continued treasury growth from our LIFE offering deployment, reinforces our position as Wall Street's gateway to the Solana ecosystem."

Mr. Hubbard continued: "As we continue our search for a permanent CEO, our experienced leadership team remains focused on executing our strategy, expanding our institutional partnerships, and delivering value to our shareholders. The fundamentals of our DAT++ model remain strong, and we are well-positioned to capitalize on the continued growth and adoption of Solana."

Institutional and Ecosystem Development
Netcoins Partnership: Strategic integration with Netcoins expands SOL Strategies' presence in the Canadian digital asset market, providing regulated access to validator services for Netcoins' client

Crypto Strategic Partnership: SOL Strategies' integration with Crypto makes the Company's enterprise-grade validator services available to Crypto's institutional custody clients. As part of this collaboration, SOL Strategies also leverages Crypto Custody for a portion of its digital asset treasury operations.

Upcoming Investor Events

• Event: Cantor Crypto, AI/Energy Infrastructure Conference
  • Dates: Monday, November 10th, 2025 - Wednesday, November 12th, 2025
  • Location: Ritz-Carlton South Beach - Miami Beach, FL
  • Attendees: Michael Hubbard, Interim Chief Executive Officer

Interested investors should contact their Cantor sales representative directly to schedule a meeting.

• Event: ClearStreet Disruptive Technology Conference
  • Dates: Wednesday, November 19th, 2025 - Thursday, November 20th, 2025
  • Location: Four Seasons Palm Beach - Palm Beach, FL
  • Attendees: Andrew McDonald, Chief Operating Officer

Interested investors should contact their ClearStreet sales representative directly to schedule a meeting.

New Website Launch

SOL Strategies unveiled a refreshed website featuring an updated design and enhanced user experience. The new platform better communicates the Company's dual business model of treasury accumulation and validator operations, while providing streamlined access to investor resources, compliance documentation, and ecosystem updates. Visit the new site at .

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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