Sol Strategies Expands Validator Operations with Key Acquisition

An update from Cypherpunk Holdings Inc ( (TSE:HODL) ) is now available.

Sol Strategies Inc. has announced a definitive agreement to acquire three additional Solana validators, including the Laine Solana validator and stakewiz.com, significantly expanding its validator operations. This acquisition will increase Sol Strategies’ total staked SOL to 3.3 million, representing a 101% increase since late February 2025. The transaction, valued at CAD $35 million, will be completed through a combination of cash, common shares, and warrants, marking a strategic step in scaling the company’s validator business and enhancing its position as a leading institutional staking provider in the Solana ecosystem.

More about Cypherpunk Holdings Inc

Sol Strategies Inc., formerly known as Cypherpunk Holdings Inc., is a publicly traded Canadian company that invests in, supports, and provides infrastructure for the Solana blockchain ecosystem. The company focuses on institutional staking solutions and validator operations, enhancing its infrastructure and technology capabilities within the Solana ecosystem.

YTD Price Performance: 3.47%

Average Trading Volume: 1,193,334

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$454M

See more data about HODL stock on TipRanks’ Stock Analysis page.