Sol Strategies Inc. Announces Acquisition of Three Solana Validators and Stakewiz.com
Toronto, Ontario – Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (“Sol Strategies” or the “Company”), a publicly traded Canadian company focused on investing in, supporting, and providing infrastructure for the Solana blockchain ecosystem, is thrilled to announce the signing of a definitive agreement to acquire three additional Solana validators and stakewiz.com. This acquisition, previously disclosed in the Company’s February 14, 2025 news release, marks a significant step forward in Sol Strategies’ mission to strengthen its presence in the Solana ecosystem.
Acquired Validators and Stakewiz.com
The three Solana validators being acquired are the Laine Solana validator, the Rusty Solana validator, and the Sapphire Solana validator. The Laine validator, as of March 6, 2025, held 1.5 million SOL (approximately CAD $317 million) delegated to it, making it one of the largest validators in the Solana network. The Rusty and Sapphire validators also bring substantial resources and expertise to the table.
The Impact on Sol Strategies
This acquisition significantly enhances Sol Strategies’ position in the Solana ecosystem. By acquiring these validators and stakewiz.com, the Company will not only increase its influence within the network but also provide it with valuable data and insights from the stakewiz.com platform. This information will help Sol Strategies make informed decisions regarding its investment strategy and support for the Solana ecosystem.
The Impact on the World
The acquisition of these Solana validators and stakewiz.com by Sol Strategies is a positive development for the Solana ecosystem. With increased validator presence and resources, the network’s overall security and reliability are enhanced. Additionally, stakewiz.com’s extensive user base and data will contribute to a more transparent and efficient staking ecosystem, benefiting all Solana stakeholders.
Conclusion
Sol Strategies’ acquisition of three Solana validators and stakewiz.com is a strategic move that strengthens the Company’s position in the Solana ecosystem and provides valuable insights to inform its investment decisions. The acquisition’s positive impact on the network’s security, reliability, and transparency is a significant step forward for the Solana ecosystem as a whole. As Sol Strategies continues to invest in and support the Solana ecosystem, stakeholders can look forward to continued growth and innovation.
- Sol Strategies acquires three Solana validators and stakewiz.com
- Laine validator held 1.5 million SOL (approximately CAD $317 million) delegated to it
- Acquisition enhances Sol Strategies’ position in the Solana ecosystem
- Provides valuable data and insights from stakewiz.com
- Positive impact on network’s security, reliability, and transparency
