Author Archives for pluralxsol

Frequently Asked Questions About SOL Strategies Proposed Stock Consolidation

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General Reverse Split Mechanics 1. What is a reverse stock split? A reverse stock split consolidates existing shares into fewer, proportionally more valuable shares. For example, in an 8:1 reverse split, every 8 existing shares are converted into 1 new share. 2. What is the ratio for the SOL Strategies reverse split? SOL Strategies will execute a […]

Investing in Solana’s Future: Our Strategic Ecosystem Reserve

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Today we announce our Strategic Ecosystem Reserve, an initiative to identify, invest in and support the most important projects in the Solana Ecosystem, starting with Jito! Since 2018 we have been pursuing the advancement of blockchain technology in the public markets and for the past year we’ve directed that focus to the most promising blockchain […]

(QUIC) Solana Validator Failovers

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SOL Strategies manages multiple Solana validators in a fast-paced context where every ~400ms counts and uptime is critical. To this end, validator operators often maintain an active, voting instance and a passive, backup, non-voting instance. Given a slot time of ~400ms, a failover from an active to a passive validator should ideally take less than this amount of […]

Announcing SOC 2 Type 1 and More for Solana Staking

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We are pleased to announce that we have successfully completed a SOC 2 Type 1 audit for our Solana staking platform! In addition to our SOC 2 Type 1 audit, we also successfully went through audits for: ISO 27001: Previously, our ISO 27001 certification was from our acquisition of Orangefin Ventures. We successfully underwent a […]

Exploring On-Chain Equity: What Tokenized Shares Could Mean for Public Companies

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Why Tokenizing Our Stock Would Unlock a New Era for SOL Strategies As we work toward cross-listing to Nasdaq, we’re also exploring another potential path: the possibility of making public company shares accessible on blockchain networks. At SOL Strategies, we’re evaluating how this emerging technology might transform how securities are held, traded, and accessed globally. […]

SOL Purchase update

SOL Strategies Provides Update on SOL Purchases

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Toronto, Ontario–(Newsfile Corp. – May 6, 2025) – SOL Strategies Inc. (CSE: HODL) (OTCQB: CYFRF) (formerly, Cypherpunk Holdings Inc, “Sol Strategies” or the “Company”), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, announces the purchase of SOL from its recent closed convertible note facility. Recent SOL […]

SOL Strategies Completes Initial $20 Million Closing of USD $500 Million Convertible Note Facility

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SOL Strategies Completes Initial $20 Million Closing of USD $500 Million Convertible Note Facility Capital to be Exclusively Allocated to SOL Purchases and Validator Growth   TORONTO, May 1, 2025 – SOL Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (formerly, Cypherpunk Holdings Inc, “Sol Strategies” or the “Company”), a publicly traded Canadian company dedicated to investing […]

SOL Strategies Announces April 2025 Corporate Update Highlighting $500 Million Facility and Expanded Institutional Partnerships

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Toronto, Ontario–(Newsfile Corp. – May 1, 2025) – SOL Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (formerly, Cypherpunk Holdings Inc, “Sol Strategies” or the “Company”), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, today provided its monthly corporate update for April 2025 and announced the date for […]

SOL Strategies Partners with BitGo for Institutional Solana Staking

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We’re excited to announce that SOL Strategies has been selected as BitGo’s newest Solana validator partner, connecting our high-performance validators to their $100B+ custody platform and 2,000+ institutional clients across 90 countries. Expanding Access to Industry-Leading Staking Infrastructure This strategic partnership creates a powerful combination: BitGo’s industry-leading security and trust paired with SOL Strategies’ high-yielding, ISO-27001 certified […]

Building a Solana Mobile App: The Pains of the App Store Duopoly

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As recently announced, SOL Strategies has launched a dedicated mobile application for Solana staking. Although we are not the first to build a Solana mobile application, the number of Solana-native apps available on the Apple App Store and Google Play remains extremely limited. Given our investment into Solana’s success, we aim to contribute by sharing technical […]

SOL Strategies Secures up to USD $500 Million Convertible Note Facility to Expand SOL Holdings

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Toronto, Ontario–(Newsfile Corp. – April 23, 2025) – SOL Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (formerly, Cypherpunk Holdings Inc, “SOL Strategies” or the “Company”), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, today announced that it has entered into an arm’s length agreement for the issuance […]

Managing Multiple Solana Validators in an Enterprise Environment

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SOL Strategies is an enterprise grade staking provider, managing four of our own Solana validators, in addition to a Solana validator for PENGU. Managing multiple Solana validators can take a lot of effort, especially in a publicly traded, regulated company which also conforms to security standards as set in certifications like ISO 27001 and SOC […]

SOL Strategies Announces Update to Second Tranche Private Placement of CAD $2.5 Million

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Toronto, Ontario–(Newsfile Corp. – January 22, 2025) – Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF) (“Sol Strategies” or the “Company”), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, wishes to announce updated terms to its previously announced second tranche private placement of CAD $2.5 million […]

SOL Strategies Inc. Announces Upgrade to OTCQX Best Market

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Toronto, Ontario–(Newsfile Corp. – January 21, 2025) – Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF), a publicly traded Canadian company focused on investing in and building infrastructure for the Solana blockchain ecosystem, is pleased to announce that it has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. Effective today, Sol […]

Protecting the Firedancer UI in an Enterprise Environment

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With all the buzz around firedancer lately, we at Sol Strategies wanted to give the public some insight into the performance of our validators running Firedancer! Firedancer ships with a really cool UI, however exposing such a UI to the internet can introduce performance and security risks that come with things such as DDoS attacks. […]