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STKE on Nasdaq

SOL Strategies Inc.

SOL Strategies Inc. is a Canadian finance services company based in Toronto, incorporated in Ontario.2 Its shares trade on Nasdaq under the symbol STKE.2

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Last updated Oct 21, 2026.

Overview

14.6MRevenue, fiscal 20253
-35.0MNet income, fiscal 20253

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  • TickerSTKE on Nasdaq2
  • IndustryFinance Services2
  • HeadquartersToronto, Canada2
  • Incorporated inOntario, Canada4
  • Business address217 Queen Street West, Suite 401, Toronto, M5X 1B14
  • Filer category, Emerging growth company4
  • Legal formBusiness corporations (which includes professional corporations)2
  • LEI391200LRM37HK56GAY342
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address217 Queen Street West, M5V 0R2 Toronto, Canada2
  • Registered withMinistry of Government and Consumer Services, 20165942

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.

Key numbers, fiscal 2025

-240.6%Net margin3
36.5%Revenue growth, 20253
-11.0M CADFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs33¢4.8M CAD
  • Income tax67¢9.8M CAD

Out of 14.6M CAD in revenue.3 The company lost money this year.

Financial statements

Revenue314.6M CAD in 2025+36% since 2024
05.0M CAD10.0M CAD15.0M CAD2024: 10.7M CAD10.7M CAD20242025: 14.6M CAD14.6M CAD2025+36%
Net income3-35.0M CAD in 2025
-40.0M CAD-20.0M CAD020.0M CAD2024: 6.6M CAD6.6M CAD20242025: -35.0M CAD-35.0M CAD2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-09-302024-09-30
Validation service income - net (note 17)5.4M CAD
Staking rewards (note 17)4.8M CAD271.2K CAD
Realized (loss) gain on dispositions of cryptocurrencies (note 6)3.9M CAD7.6M CAD
Treasury management income219.8K CAD
Dividend income138.4K CAD322.4K CAD
Other income26.2K CAD148.8K CAD
Realized (loss) gain on investments (note 9)-442 CAD1.2M CAD
Unrealized gain on investments (note 9)1.1M CAD
Gain from dissolution of subsidiary after tax (note 19)76.1K CAD
Realized loss on disposal of assets-21.8K CAD
Total revenue14.6M CAD10.7M CAD
Impairment losses on intangible assets (note 7)27.6M CAD
Amortization (note 7 and 8)10.2M CAD31.6K CAD
Share based compensation (notes 14 and 18)7.9M CAD1.3M CAD
Professional fees (note 18)3.9M CAD323.7K CAD
Interest expense and accretion3.2M CAD
Transaction costs (note 12)2.4M CAD
Consulting fees (note 18)1.8M CAD479.5K CAD
Investor relations853.0K CAD
General and administrative768.1K CAD344.1K CAD
Listing fees569.0K CAD
Foreign exchange loss (gain)163.6K CAD-50.7K CAD
Director fees (note 18)88.2K CAD30.0K CAD
Total expenses59.4M CAD2.5M CAD
(Loss) income before taxes-44.8M CAD8.2M CAD
Deferred tax expense (recovery) (note 22)-8.2M CAD36.6K CAD
Provision for income tax (recovery) (note 22)-1.6M CAD1.5M CAD
Income tax (recovery) expense-9.8M CAD1.6M CAD
Net (loss) income for the period-35.0M CAD6.6M CAD
Unrealized (loss) gain on cryptocurrencies (note 6)20.1M CAD3.7M CAD
Deferred (tax) recovery on unrealized gain on cryptocurrencies (note 22)-5.3M CAD-996.0K CAD
Total comprehensive (loss) income-20.3M CAD9.3M CAD
Basic (in dollars per share)-1.74 CAD0.35 CAD
Diluted (in dollars per share)-1.74 CAD0.35 CAD
Basic (in shares)20.1M shares18.6M shares
Diluted (in shares)20.1M shares18.7M shares

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Corporate structure

SOL Strategies Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SOL Strategies Inc.

  • Bank of Montreal Filed SCHEDULE 13G/A on SOL Strategies Inc., latest May 13, 2026 (2 filings since Feb 12, 2026)
  • Polar Asset Management Partners Inc. Filed SCHEDULE 13G on SOL Strategies Inc., latest Nov 14, 2025
  • Antanas Guoga Filed SCHEDULE 13G on SOL Strategies Inc., latest Nov 10, 2025
  • SOL Strategies Inc. Toronto, Ontario, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SOL Strategies Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net20.3K CAD3 Sep 30, 2025

Investments

ItemLatestA year beforeChange
Cash and cash equivalents1.8M CAD3 Sep 30, 20251.8M CAD3 Sep 30, 2024−1.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)38.8M CAD3 Sep 30, 2025

Former names

  • Cypherpunk Holdings Inc.Feb 18, 2021 to Apr 8, 20214

Timeline

  1. Oct 1, 2002Founded SOL Strategies Inc. is founded2

Filings

69 filings to the SEC since October 2021: 1 annual reports, 4 large holders, 64 other. The latest 20:

  1. Sep 22, 20266-K EDGAR
  2. Sep 15, 20266-K EDGAR
  3. Sep 4, 2026S-8 EDGAR
  4. Aug 18, 20266-K EDGAR
  5. Aug 17, 20266-K EDGAR
  6. Jul 27, 20266-K EDGAR
  7. Jul 16, 20266-K EDGAR
  8. Jul 2, 20266-K EDGAR
  9. Jun 29, 20266-K EDGAR
  10. Jun 29, 20266-K/A EDGAR
  11. Jun 18, 20266-K EDGAR
  12. Jun 8, 20266-K EDGAR
  13. Jun 3, 20266-K EDGAR
  14. Jun 2, 20266-K EDGAR
  15. May 18, 20266-K EDGAR
  16. May 18, 20266-K EDGAR
  17. May 18, 20266-K EDGAR
  18. May 13, 2026SCHEDULE 13G/A EDGAR
  19. May 12, 20266-K EDGAR
  20. May 12, 20266-K EDGAR

The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 27. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
J. Derek Lewis & Associates Inc.381,280$446.1K0.1%+187,280
Key Client Fiduciary Advisors, LLC356,387$417.0K0.1%+25,800
MMCAP International Inc. SPC236,154$279.5K0.0%−13,846
UBS Group AG105,288$123.2K0.0%−137,214
Lighthouse Investment Partners, LLC67,500$79.0K0.0%No change
StoneX Group Inc.41,128$54.7K0.0%+8,607
Jane Street Group, LLC31,206$36.9K0.0%−45,602
Pathstone Holdings, LLC28,125$32.9K0.0%No change
Creative Planning22,510$26.3K0.0%No change
Bank Of Montreal /can/22,239$26.0K0.0%New
Susquehanna International Group, Llp22,177$25.9K0.0%New
Captrust Financial Advisors20,995$24.6K0.0%−1,125
Fortis Group Advisors, LLC15,114$17.7K0.0%New
Northbridge Financial Group, LLC13,992$16.4K0.0%−13,072
Kelleher Financial Advisors12,500$14.6K0.0%New
Foguth Wealth Management, LLC.11,709$13.7K0.0%No change
Cary Street Partners Financial LLC10,300$12.1K0.0%New
Integrated Wealth Concepts LLC8,118$9.5K0.0%New
Farther Finance Advisors, LLC3,359$3.9K0.0%−436
Royal Bank Of Canada1,311$2.0K0.0%+738
TD Waterhouse Canada Inc.723$1.2K0.0%New
Colonial Trust Advisors181$2120.0%New
Group One Trading LLC149$1740.0%−11,712
Barclays PLC100$1170.0%No change
Morgan Stanley35$410.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How SOL Strategies Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSOL Strategies Inc.1
  • CIK0001846839
  • Filer status<br>emerging growth company an emerging growth company1
  • Incorporated inOntario, Canada8
  • Fiscal year endsSeptember 301
  • Industry code (SIC)6199 Finance Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address217 Queen Street West, Suite 401, Toronto, Ontario M5X 1B1, Ontario, Canada1
  • Phone416-480-24881
  • Shares outstanding22,999,841 shares as of Sep 30, 20258
  • AuditorDavidson & Company LLP, Vancouver, British Columbia, Canada PCAOB ID 7318
  • On EDGAR sinceFeb 18, 20211
  • Filings71 in all: 6-K (53), SCHEDULE 13G (3), 40FR12B/A (2), D (2), F-X (2), 40-F (1), 40FR12B (1), 6-K/A (1)1
    All 14 form types

    CERT (1), EFFECT (1), F-10 (1), S-8 (1), SCHEDULE 13G/A (1), SUPPL (1)

  • Latest filingsAnnual report (40-F) Dec 31, 2025

Securities registered for trading

ClassSymbolExchange
Common SharesSTKENasdaq Stock Market LLC

From the cover page of the 40-F filed Dec 31, 2025 (Section 12(b) of the Exchange Act).8

Sources

The numbers on this page point here. Each one links to the record it came from.

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