Breakdown | |||||
TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
14.42M | 9.40M | -5.04M | 4.46M | 156.02K | 769.44K | Gross Profit |
14.42M | 9.40M | -5.04M | 3.13M | 406.82K | 769.44K | EBIT |
-1.88M | 0.00 | -6.43M | -5.98M | -1.49M | -705.02K | EBITDA |
12.21M | 7.97M | -6.46M | 549.19K | -1.42M | -387.76K | Net Income Common Stockholders |
6.95M | 6.61M | -6.28M | 358.46K | -1.17M | 933.18K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.28M | 1.81M | 1.93M | 18.60M | 876.76K | 485.38K | Total Assets |
74.63M | 28.90M | 17.05M | 23.89M | 31.23M | 6.86M | Total Debt |
4.16M | 0.00 | 0.00 | 0.00 | 1.19M | 0.00 | Net Debt |
2.88M | -1.81M | -1.93M | -18.54M | 309.05K | -485.38K | Total Liabilities |
14.43M | 2.18M | 226.48K | 308.29K | 3.39M | 186.11K | Stockholders Equity |
60.20M | 26.72M | 16.83M | 23.58M | 27.84M | 6.67M |
Cash Flow | Free Cash Flow | ||||
-35.48M | -856.73K | -9.25M | -1.79M | -2.57M | -1.65M | Operating Cash Flow |
-1.16M | -856.73K | -1.13M | 211.00 | -1.64M | -1.65M | Investing Cash Flow |
-36.85M | 1.51M | -14.77M | 18.84M | -12.08M | -99.82K | Financing Cash Flow |
37.35M | -767.96K | -707.76K | -1.18M | 14.10M | 493.23K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
64 Neutral | $13.44B | 9.41 | 9.19% | 4.92% | 16.30% | -8.66% | |
63 Neutral | $4.22B | 13.15 | 8.74% | ― | ― | -82.47% | |
62 Neutral | C$323.15M | 44.14 | 16.55% | ― | 3189.96% | ― | |
52 Neutral | $317.77M | ― | -2.15% | ― | 27.99% | 90.99% | |
49 Neutral | C$1.69B | 3.39 | 2.56% | ― | 199.41% | ― | |
46 Neutral | C$41.66M | ― | -15.61% | ― | 17.68% | -278.21% | |
36 Underperform | $586.86M | ― | -11.98% | ― | 33.77% | 61.73% |
SOL Strategies Inc. announced a significant expansion in March 2025 with the acquisition of Laine’s validator network and Stakewiz.com, bolstering its position as a leading institutional staking platform within the Solana ecosystem. The acquisition, valued at CAD $35 million, increased the company’s staked SOL by 102% and brought Michael Hubbard on board as Chief Strategy Officer. Despite a 12.5% decline in SOL’s market price affecting CAD-denominated returns, the company maintained strong validator performance with a 99.955% uptime and an average APY of 7.41%. SOL Strategies also continued to engage with the media and industry events, reinforcing its thought leadership in the digital asset space.
Spark’s Take on TSE:HODL Stock
According to Spark, TipRanks’ AI Analyst, TSE:HODL is a Neutral.
The overall score of 64 reflects Cypherpunk Holdings Inc’s strong revenue growth and strategic advancements in the Solana ecosystem. While the financial performance shows potential, operational inefficiencies and cash flow issues remain concerns. The technical analysis indicates a bearish trend, and the high P/E ratio suggests overvaluation. However, recent strategic acquisitions and partnerships provide a positive outlook for future growth.
To see Spark’s full report on TSE:HODL stock, click here.
Sol Strategies Inc. has successfully completed the acquisition of three validators, including the Laine validator, and stakewiz.com, significantly enhancing its position as a leading institutional staking solutions provider within the Solana ecosystem. This acquisition, valued at CAD $35 million, strengthens Sol Strategies’ staking infrastructure and transparency, while the appointment of Michael Hubbard as Chief Strategy Officer is expected to drive strategic growth and innovation, reinforcing the company’s leadership in the rapidly evolving blockchain space.
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.
Sol Strategies Inc. has announced its fiscal first quarter 2025 financial results, highlighting the success of its staking and validator operations. The company’s strategy and technology development are enhancing its capabilities, positioning Sol Strategies as a key player in the Solana network’s growth and institutional adoption.
Sol Strategies Inc. has appointed Luis Berruga, a seasoned expert in global ETF markets and traditional finance, to its Board of Directors. Berruga’s extensive experience is expected to provide critical insights and business development opportunities as the company advances its institutional Solana Staking platform. His appointment is seen as a strategic move to enhance Sol Strategies’ growth trajectory and strengthen its governance, aligning with the company’s vision to lead in the Solana ecosystem through innovative technology solutions and strategic partnerships.
Sol Strategies Inc. announced it will release its first quarter 2025 financial results on March 3, 2025, with a webcast and conference call to follow. The company has recently acquired 10,354 SOL tokens to bolster its validator operations and long-term investment strategy in the Solana ecosystem. Additionally, Sol Strategies has engaged ICR, LLC to enhance its investor relations efforts, including earnings report preparations and market research.
Sol Strategies Inc. has announced an exclusive institutional staking partnership with Neptune Digital Assets Corp., a leader in the Canadian blockchain sector. This partnership involves sharing validator block rewards, enhancing the value proposition in the institutional staking market and supporting the growing adoption of Solana staking solutions. The collaboration aims to strengthen Neptune’s staking portfolio and drive additional revenue, reflecting the increasing demand for secure and compliant staking solutions.
Sol Strategies Inc., a leader in blockchain innovations, has been selected as the approved staking provider for Tetra Trust’s digital asset platform. This partnership enhances institutional access to Solana staking, marking a significant step in Solana’s institutional adoption and reinforcing Sol Strategies’ position in providing infrastructure for digital assets.
Sol Strategies Inc. recently increased its holdings in the Solana blockchain by purchasing an additional 12,456 SOL, amounting to CAD $3.6 million, bringing their total SOL holdings to 226,798, valued at CAD $64.2 million. This strategic acquisition underlines the company’s commitment to expanding its influence within the Solana ecosystem, potentially enhancing its market position and reinforcing its role in supporting decentralized applications.
Sol Strategies Inc. has announced a letter of intent to acquire a major validator within the Solana ecosystem for USD $34 million. This acquisition is set to increase the company’s delegated SOL to over 2.9 million, significantly enhancing its revenue potential. The transaction, pending customary conditions, is projected to contribute CAD $8.6 million annually to Sol Strategies’ net income, underscoring the validator’s economic value to the company’s business model.
Sol Strategies has been chosen as the staking provider for 3iQ’s Solana Staking ETF, marking a significant advancement in institutional adoption of Solana staking. The partnership underscores Sol Strategies’ robust infrastructure and compliance framework, aligning with 3iQ’s goal to provide secure digital asset exposure. This collaboration comes at a time of growth for Sol Strategies, highlighted by increased SOL holdings and enhanced validator capabilities, further fortifying its position as a leader in Solana-focused investment.
Sol Strategies Inc. has made a strategic purchase of an additional 24,374 SOL, increasing its total holdings to 214,342 SOL, at a total purchase price of approximately CAD $55.6 million. This move is aligned with the company’s growth initiatives and reflects its commitment to strengthening its position within the Solana blockchain ecosystem.
Sol Strategies Inc. has announced the granting of 400,000 stock options to its directors and consultants, exercisable at $4.91 per share over five years, effective January 31, 2025. This move reflects the company’s commitment to incentivize its leadership and align their interests with shareholders as it continues to focus on the Solana blockchain, potentially impacting its operations by bolstering its position within the decentralized finance sector.
Sol Strategies Inc. has reported significant growth in its validator operations following the acquisition of OrangeFin Ventures and Cogent Crypto. The company increased its SOL delegation and successfully deployed the Firedancer validator client, enhancing its standing in the Solana validation sector. Additionally, Sol Strategies expanded its SOL holdings through strategic purchases and completed a $2.5 million tranche of a private placement of convertible debentures. The company also announced the resignation of Moe Adham from its Board of Directors, who will continue to advise on strategic initiatives.
Sol Strategies Inc. has significantly shifted its focus to the Solana blockchain ecosystem, increasing its validator operations and SOL holdings. This strategic move positions the company to capitalize on the expanding potential of Solana, enhancing its market position and generating recurring revenues through its validator operations.
Sol Strategies Inc. has significantly increased its holdings in Solana by acquiring approximately 19,100 SOL for around $6.98 million CAD between January 17 and January 24, 2025. This acquisition brings the company’s total holdings to about 160,710 SOL, valued at $58.4 million CAD as of January 24, 2025. The company’s investment signifies a strong commitment to Solana’s blockchain infrastructure and could potentially enhance its market position within the blockchain investment industry.
Sol Strategies Inc. has completed its second tranche of private placement financing, raising CAD $2.5 million through unsecured convertible debenture units, bringing total proceeds from private placements to CAD $30 million. The funds, received in SOL, will bolster the company’s treasury holdings, potentially enhancing its market position in the Solana blockchain ecosystem.
Sol Strategies Inc. has announced an update to its second tranche private placement, aiming to raise CAD $2.5 million through unsecured convertible debenture units. The proceeds will be used to enhance SOL holdings and expand validator operations, with updated terms including a conversion price and exercise price of CAD $4.66 per share. This move is part of Sol Strategies’ broader strategy to strengthen its position in the Solana blockchain ecosystem and expand its financial resources.
Sol Strategies Inc. is set to announce its financial results for the fourth quarter of 2024 on January 28, 2025. The announcement will be followed by a live webcast and conference call hosted by CEO Leah Wald and CFO Doug Harris, where participants can ask questions. This event could provide insights into the company’s financial health and impact its positioning within the blockchain investment sector.
Sol Strategies Inc. has announced its upgrade to the OTCQX Best Market, moving from the Pink market. This transition is a significant milestone for the company as it enhances access for U.S. investors by providing greater transparency and streamlined reporting standards. The move is expected to broaden Sol Strategies’ reach in the U.S. market, strengthen its investor connections, and reinforce its commitment to advancing the Solana blockchain ecosystem through innovative investments and infrastructure development.
Sol Strategies Inc. has announced a second tranche private placement of CAD $2.5 million, raising its total proceeds to CAD $30 million. The funds will enhance the company’s SOL treasury holdings and expand its validator operations, contributing to its growth in the Solana blockchain ecosystem. The placement comprises unsecured convertible debenture units, offering conversion into company shares and warrants, with no finder’s fees involved. This move is expected to solidify Sol Strategies’ position within the blockchain industry, benefiting stakeholders by increasing its market presence and operational capacity.
Sol Strategies Inc. has completed a CAD $27.5 million private placement financing led by ParaFi Capital. The funds will be used to enhance Sol Strategies’ SOL holdings and expand its validator operations, strengthening its position within the Solana ecosystem. This investment demonstrates confidence in the company’s potential to create sustainable shareholder value and contributions to the Solana network.
Sol Strategies has launched a new mobile application through its acquisition, Orangefin Ventures, to revolutionize Solana staking by offering a non-custodial solution with 8-10% annual returns. This app enhances security for investors by allowing them to retain full control of their keys and is expected to significantly impact the Solana ecosystem by providing higher returns than traditional custodial platforms.
Sol Strategies Inc. has announced a CAD $27.5 million private placement financing with ParaFi Capital to enhance its SOL treasury holdings and expand its validator operations. This investment aims to bolster Sol Strategies’ leadership in the Solana ecosystem, create sustainable shareholder value, and potentially unlock new business opportunities.