STKE

Sol Strategies Inc.

Price Chart

Latest Quote

$1.10

-0.02 (-1.79%)

Current Price

Previous Close	$1.12
Open	$1.09
Day High	$1.13
Day Low	$1.04
Volume	153,360

Fetched: 2026-07-17T22:04:00

Stock Information

Note: Financial values converted from CAD to USD

Shares Outstanding	38.42M
Total Debt	$30.91M
Cash Equivalents	$262K
Revenue	$-8.74M
Net Income	$-96.41M
Sector	Financial Services
Industry	Capital Markets
Market Cap	$42.27M
EPS (TTM)	$-3.51
Exchange	NMS

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$81.14M
Sales	$-8.74M
Income	$-96.41M
Book/sh	$0.87
Cash/sh	$0.01

Financial Ratios

Quick Ratio	0.09
Current Ratio	0.12
Debt/Eq	106.36

Returns & Margins

ROA	-25.34%
ROE	-215.52%
Operating Margin	139.41%

Ownership

Insider Ownership	22.82%
Institutional Ownership	4.08%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	-3.72
P/S	-3.45
P/B	1.27

Analyst Data

Recommendation	none
Target Price	$1.70

Technical Indicators

SMA20	$1.25
SMA50	$1.44
SMA200	$1.93
RSI	49.07
ATR	0.1784

Shares Float	26.72M
Short Float	0.76%
Short Ratio	1.47
Volatility	1.57
Rel Volume	0.33

Performance History

Week	-20.86%
Month	-11.29%
Quarter	-4.35%
6 Months	-55.65%
YTD	-38.20%
Year	-91.21%
3 Years	+30.95%
5 Years	+5.77%
10 Years	-43.88%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$1.10	153,400
2026-07-16	$1.12	107,900
2026-07-15	$1.14	274,700
2026-07-14	$1.21	194,200
2026-07-13	$1.28	124,400
2026-07-10	$1.39	89,300
2026-07-09	$1.42	77,000
2026-07-08	$1.40	136,700
2026-07-07	$1.44	366,000
2026-07-06	$1.52	243,800
2026-07-02	$1.50	881,400
2026-07-01	$1.60	5,247,800
2026-06-30	$1.17	68,100
2026-06-29	$1.18	147,200
2026-06-26	$1.12	223,600
2026-06-25	$0.97	165,700
2026-06-24	$1.03	177,400
2026-06-23	$1.04	302,800
2026-06-22	$1.18	127,700
2026-06-18	$1.17	316,700

About Sol Strategies Inc.

Sol Strategies Inc. invests in and provides infrastructure for the Solana Blockchain ecosystem. The company operates validator nodes on several Proof of Stake blockchain networks, primarily Solana and SUI, enabling transaction validation and block proposals; cryptocurrency staking; delegating tokens to validators for passive rewards. The company was formerly known as Cypherpunk Holdings Inc. and changed its name to Sol Strategies Inc. in September 2024. Sol Strategies Inc. was incorporated in 2002 and is headquartered in Toronto, Canada.

📰 Latest News

SOL Strategies: Darklake & Houdini Add Middleware Monetization, Staking Scale Nears 768k SOL – Quarterly Update Report

Exec Edge • 2026-05-20T16:08:07Z

Sol Strategies Inc (STKE) Q2 2026 Earnings Call Highlights: Strategic Acquisitions and ...

GuruFocus.com • 2026-05-19T05:00:15Z

SOL Strategies Signs $18 Million Deal to Acquire Privacy-Focused Swap Aggregator Houdini

CryptoProwl • 2026-05-04T16:49:00Z

SOL Strategies Completes Darklake Labs Acquisition; Adds Zyga Privacy Team to Solana Platform

CryptoProwl • 2026-04-14T15:40:00Z

SOL Strategies To Buy Darklake Labs In $1.2M Deal, Adding ZK Privacy Tech To Its Solana Push

CryptoProwl • 2026-04-07T15:04:00Z

Sol Strategies Inc (STKE) Q1 2026 Earnings Call Highlights: Strategic Growth Amidst Market ...

GuruFocus.com • 2026-02-19T05:02:11Z

Sol Strategies Inc. Common Shares Q1 2026 Earnings Call Summary

Moby • 2026-02-18T13:30:00Z

SOL Strategies Inc.’s DAT++ Model Drives Q4 Revenue — Quarterly Update Report

Exec Edge • 2026-01-13T13:44:32Z

SOL Strategies Inc.’s DAT++ Model Drives Q4 Revenue — Downloadable Quarterly Report

Exec Edge • 2026-01-13T13:35:34Z

Sol Strategies Inc (STKE) Q4 2025 Earnings Call Highlights: Transformational Year with Solana ...

GuruFocus.com • 2026-01-07T05:00:31Z

Period:

Income Statement (Annual)

Metric	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Revenue
Total Revenue	$10,272,675	$5,649,660	$0	$0
Operating Revenue	$10,272,675	$5,649,660	$0	$0
Expenses
Interest Expense	$2,280,681	$0	-	-
Total Expenses	$20,297,895	$1,804,701	$1,044,292	$2,024,436
Other Income Expense	$-19,660,768	$1,998,901	$-3,456,545	$2,590,278
Other Non Operating Income Expenses	$18,700	$106,173	$113,853	$349,396
Net Non Operating Interest Income Expense	$-2,280,681	$0	-	-
Interest Expense Non Operating	$2,280,681	$0	-	-
Operating Expense	$20,297,895	$1,804,701	$1,044,292	$2,024,436
Other Operating Expenses	$2,712,432	$-759,674	$2,896,455	$945,810
General And Administrative Expense	$10,303,590	$1,782,133	$993,725	$1,842,136
Rent Expense Supplemental	-	-	-	$0
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Net Interest Income	$-2,280,681	$0	-	-
Normalized Income	$-9,606,678	$3,187,011	$-926,465	$-1,397,835
Net Income From Continuing And Discontinued Operation	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Net Income Common Stockholders	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Net Income	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Net Income Including Noncontrolling Interests	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Net Income Continuous Operations	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Pretax Income	$-31,966,669	$5,843,859	$-4,500,836	$565,842
Special Income Charges	$-19,661,190	$38,762	$382,817	$-153,946
Operating Income	$-10,025,220	$3,844,959	$-1,044,292	$-2,024,436
Depreciation Amortization Depletion Income Statement	$7,281,873	$22,568	$50,567	$182,300
Depreciation And Amortization In Income Statement	$7,281,873	$22,568	$50,567	$182,300
Amortization Of Intangibles Income Statement	$7,281,873	$22,568	$50,567	$182,300
Per Share
Diluted EPS	$-1.24	$0.25	$-0.23	$0.01
Basic EPS	$-1.24	$0.25	$-0.23	$0.01
Other
Tax Effect Of Unusual Items	$-4,293,189	$366,040	$-15,248	$587,335
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-2,708,859	$3,973,700	$2,576,673	$-4,083,017
Total Unusual Items	$-19,679,467	$1,892,728	$-3,570,397	$2,240,881
Total Unusual Items Excluding Goodwill	$-19,679,467	$1,892,728	$-3,570,397	$2,240,881
Reconciled Depreciation	$7,297,662	$22,568	$50,567	$182,300
EBITDA (Bullshit earnings)	$-22,388,326	$5,866,428	$-993,725	$-1,842,136
EBIT	$-29,685,988	$5,843,859	$-1,044,292	$-2,024,436
Diluted Average Shares	$14,333,339	$13,374,665	$13,917,243	$14,273,017
Basic Average Shares	$14,333,339	$13,303,196	$13,917,243	$14,273,017
Diluted NI Availto Com Stockholders	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Tax Provision	$-6,973,713	$1,130,160	$-19,221	$310,131
Gain On Sale Of Ppe	$0	$-15,522	$382,817	$0
Gain On Sale Of Business	$0	$54,284	$0	-
Impairment Of Capital Assets	$19,661,190	$0	-	-
Gain On Sale Of Security	$-18,278	$1,853,966	$-3,953,215	$2,394,827
Amortization	$7,281,873	$22,568	$50,567	$182,300
Selling General And Administration	$10,303,590	$1,782,133	$993,725	$1,842,136
Other Gand A	$4,631,840	$818,430	$636,928	$839,782
Salaries And Wages	$5,671,750	$963,703	$356,797	$1,002,353
Write Off	-	-	$0	$153,946
Restructuring And Mergern Acquisition	-	-	-	$0
Rent And Landing Fees	-	-	-	$0

Fetched: 2026-07-17

Balance Sheet (Annual)

Metric	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Assets
Net Tangible Assets	$54,195,698	$19,063,793	$12,004,401	$16,342,185
Total Assets	$120,985,166	$20,618,951	$12,165,962	$17,043,840
Total Non Current Assets	$118,450,886	$19,324,328	$10,707,538	$3,671,841
Other Non Current Assets	$90,262,052	$18,244,766	$5,644,574	$69,368
Investmentin Financial Assets	$489,130	$1,079,563	$4,611,299	$2,753,466
Financial Assets Designatedas Fair Value Through Profitor Loss Total	$489,130	$1,079,563	$4,611,299	$2,753,466
Goodwill And Other Intangible Assets	$27,685,209	$0	$0	$481,730
Other Intangible Assets	$27,685,209	-	-	$481,730
Current Assets	$2,534,280	$1,294,623	$1,458,423	$13,371,999
Prepaid Assets	$110,697	$0	$38,862	$42,053
Receivables	$1,149,933	$4,815	$44,700	$63,247
Taxes Receivable	$1,141,390	$0	$44,700	$63,247
Accounts Receivable	$8,543	$4,815	-	-
Cash Cash Equivalents And Short Term Investments	$1,273,650	$1,289,807	$1,374,861	$13,266,699
Cash And Cash Equivalents	$1,273,650	$1,289,807	$1,374,861	$13,223,870
Cash Financial	$1,273,650	$1,289,807	$1,374,861	$13,223,870
Non Current Deferred Assets	-	$0	$451,666	$367,278
Non Current Deferred Taxes Assets	-	$0	$451,666	$367,278
Other Receivables	-	$4,815	-	-
Non Current Prepaid Assets	-	-	-	$0
Loans Receivable	-	-	-	$0
Accrued Interest Receivable	-	-	-	-
Cash Equivalents	-	-	-	-
Debt
Net Debt	$35,760,340	-	-	-
Total Debt	$37,033,991	-	-	-
Long Term Debt And Capital Lease Obligation	$15,174,644	-	-	-
Long Term Debt	$15,174,644	-	-	-
Current Debt And Capital Lease Obligation	$21,859,346	-	-	-
Current Debt	$21,859,346	-	-	-
Other Current Borrowings	$10,328,036	-	-	-
Liabilities
Total Liabilities Net Minority Interest	$39,104,260	$1,555,158	$161,561	$219,926
Total Non Current Liabilities Net Minority Interest	$15,591,951	$284,924	$0	$0
Non Current Deferred Liabilities	$417,307	$284,924	$0	$0
Non Current Deferred Taxes Liabilities	$417,307	$284,924	$0	$0
Current Liabilities	$23,512,308	$1,270,235	$161,561	$219,926
Payables And Accrued Expenses	$1,652,962	$1,270,235	$161,561	$219,926
Interest Payable	$582,460	-	-	-
Payables	$542,272	$1,270,235	$76,348	$138,993
Total Tax Payable	$0	$1,104,071	$0	-
Income Tax Payable	$0	$1,104,071	$0	-
Accounts Payable	$542,272	$166,164	$76,348	$138,993
Other Non Current Liabilities	-	-	-	$-1
Equity
Common Stock Equity	$81,880,907	$19,063,793	$12,004,401	$16,823,915
Total Equity Gross Minority Interest	$81,880,907	$19,063,793	$12,004,401	$16,823,915
Stockholders Equity	$81,880,907	$19,063,793	$12,004,401	$16,823,915
Gains Losses Not Affecting Retained Earnings	$65,267,109	$14,151,782	$12,464,118	$12,297,119
Other Equity Adjustments	$65,267,109	$14,151,782	$12,464,118	$12,297,119
Retained Earnings	$-33,627,718	$-7,398,353	$-13,203,890	$-8,722,275
Other
Ordinary Shares Number	$16,407,363	$13,034,444	$13,559,992	$14,273,676
Share Issued	$16,407,363	$13,034,444	$13,559,992	$14,273,676
Tangible Book Value	$54,195,698	$19,063,793	$12,004,401	$16,342,185
Invested Capital	$118,914,897	$19,063,793	$12,004,401	$16,823,915
Working Capital	$-20,978,028	$24,388	$1,296,863	$13,152,073
Total Capitalization	$97,055,551	$19,063,793	$12,004,401	$16,823,915
Capital Stock	$50,241,515	$12,310,364	$12,744,173	$13,249,071
Common Stock	$50,241,515	$12,310,364	$12,744,173	$13,249,071
Line Of Credit	$11,531,310	$0	-	-
Current Accrued Expenses	$1,110,690	$106,660	$85,213	$80,932
Investments And Advances	$489,130	$1,079,563	$4,611,299	$2,753,466
Net PPE	$14,496	$0	-	-
Accumulated Depreciation	$-11,652	-	-	-
Gross PPE	$26,148	-	-	-
Machinery Furniture Equipment	$26,148	-	-	-
Other Short Term Investments	-	-	$0	$42,829
Dueto Related Parties Current	-	-	-	$0
Duefrom Related Parties Current	-	-	-	$0
Available For Sale Securities	-	-	-	-

Fetched: 2026-07-17

Cash Flow Statement (Annual)

Metric	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Free Cash Flow
Free Cash Flow	$-13,379,983	$-611,164	$-808,253	$-1,278,077
Operating Activities
Operating Cash Flow	$-7,849,100	$-611,164	$-808,253	$151
Cash Flow From Continuing Operating Activities	$-7,849,100	$-611,164	$-808,253	$151
Operating Gains Losses	$-6,209,328	$-6,325,295	$431,938	$-2,830,326
Investing Activities
Capital Expenditure	$-5,530,883	-	$-5,792,826	$-1,278,228
Investing Cash Flow	$-52,215,776	$1,073,949	$-10,535,859	$13,437,052
Cash Flow From Continuing Investing Activities	$-52,215,776	$1,073,949	$-10,535,859	$13,437,052
Net Other Investing Changes	$6,170,729	$10,000,946	$-4,940,677	$-268,812
Financing Activities
Repurchase Of Capital Stock	$0	$-669,799	$-504,897	$0
Financing Cash Flow	$60,048,719	$-547,839	$-504,897	$-838,783
Cash Flow From Continuing Financing Activities	$60,048,719	$-547,839	$-504,897	$-838,783
Net Common Stock Issuance	$0	$-669,799	$-504,897	$0
Issuance Of Capital Stock	-	-	-	$0
Common Stock Issuance	-	-	-	$0
Other
Issuance Of Debt	$40,804,680	$0	-	-
End Cash Position	$1,273,650	$1,289,807	$1,374,861	$13,223,870
Beginning Cash Position	$1,289,807	$1,374,861	$13,223,870	$625,451
Changes In Cash	$-16,157	$-85,054	$-11,849,009	$12,598,419
Proceeds From Stock Option Exercised	$7,712,729	$121,960	$0	$7,134
Common Stock Payments	$0	$-669,799	$-504,897	$0
Net Issuance Payments Of Debt	$52,335,990	$0	$0	$-845,917
Net Short Term Debt Issuance	$11,531,310	$0	$0	$-845,917
Net Long Term Debt Issuance	$40,804,680	$0	-	$-845,917
Long Term Debt Issuance	$40,804,680	$0	-	-
Net Investment Purchase And Sale	$-52,855,622	$-8,926,997	$-5,595,182	$2,986,937
Sale Of Investment	$590,118	$5,119,554	$1,135,391	$5,282,568
Purchase Of Investment	$-53,445,740	$-14,046,550	$-6,730,573	$-2,295,631
Net Intangibles Purchase And Sale	$-5,530,883	$0	$-5,778,829	$10,718,927
Purchase Of Intangibles	$-5,530,883	$0	$-5,792,826	$-1,278,228
Change In Working Capital	$-873,087	$1,240,196	$6,201	$23,028
Change In Payables And Accrued Expense	$382,727	$1,161,449	$-58,365	$-9,431
Change In Payable	$382,727	$1,161,449	$-58,365	-
Change In Account Payable	$1,486,798	$57,378	$-58,365	-
Change In Tax Payable	$-1,104,071	$1,104,071	$0	-
Change In Income Tax Payable	$-1,104,071	$1,104,071	$0	-
Change In Receivables	$-1,255,815	$78,747	$21,738	$75,287
Changes In Account Receivables	$-114,425	$78,747	$21,738	$67,427
Other Non Cash Items	$917,425	$-471,049	-	-
Stock Based Compensation	$5,608,802	$942,302	$307,423	$959,551
Unrealized Gain Loss On Investment Securities	$-3,426,483	$-759,674	$2,896,455	$945,810
Asset Impairment Charge	$19,661,190	$0	$0	$153,946
Deferred Tax	$-5,832,323	$26,089	$-19,221	$310,131
Deferred Income Tax	$-5,832,323	$26,089	$-19,221	$310,131
Depreciation Amortization Depletion	$7,297,662	$22,568	$50,567	$182,300
Depreciation And Amortization	$7,297,662	$22,568	$50,567	$182,300
Amortization Cash Flow	$7,297,662	$22,568	$50,567	$182,300
Amortization Of Intangibles	$7,297,662	$22,568	$50,567	$182,300
Gain Loss On Investment Securities	$-3,598,859	$-828,143	$814,755	$-2,830,326
Net Foreign Currency Exchange Gain Loss	$206,328	$-2,228	$0	$0
Gain Loss On Sale Of Business	$0	$-54,284	$0	-
Net Income From Continuing Operations	$-24,992,957	$4,713,700	$-4,481,615	$255,711
Change In Other Current Assets	-	$0	$42,829	$-42,829
Sale Of Intangibles	-	-	$13,996	$11,997,155

Fetched: 2026-07-17