Overview

• SOL Strategies began trading on the Nasdaq Global Select Market under ticker STKE, becoming the first Solana-focused public company with a U.S. listing.
• The Toronto-based firm reports roughly $94 million in Solana holdings and manages 3.62 million SOL in delegated stake, including 402,623 SOL from its own treasury.
• The company remains dual-listed on Canada’s CSE under HODL after completing a one-for-eight share consolidation to 22 million outstanding shares and securing foreign private issuer status.
• An on-chain bell-ringing ceremony let participants record attendance directly on the Solana blockchain, followed by public discussions with executives and partners.
• Institutional activity around Solana is accelerating, with ARK Invest shifting millions of SOL to SOL Strategies’ infrastructure in July and rivals pursuing large war chests, including a $1.65 billion private placement at Forward Industries and new debt-funded SOL purchases by DeFi Development Corp.