Mergers & Acquisitions ·
SOL Strategies Inc. filed interim unaudited financial statements for the nine months ended June 30, 2026, reporting a…
STKESOL Strategies Inc.
SOL Strategies Inc. filed interim unaudited financial statements for the nine months ended June 30, 2026, reporting a net loss of CAD $119.4 million compared to CAD $9.8 million in the prior year period. The company acquired HoudiniSwap LLC on June 1, 2026, for approximately USD $18 million, comprising cash, promissory notes, and equity issuance, thereby expanding its operations into privacy-focused cross-chain swap aggregation. Total assets decreased to CAD $96.7 million from CAD $169.6 million at September 30, 2025, primarily due to a revaluation loss on digital assets of CAD $61.9 million and impairment losses on intangible assets of CAD $16.1 million. The company completed a LIFE Offering raising CAD $30 million and utilized proceeds to repay existing debt while establishing a secured credit facility with Kamino Finance. SOL Strategies Inc. operates in the blockchain infrastructure industry, focusing on Solana validator services, staking, and privacy technology.