SOL Strategies Announces Preliminary Unaudited Fiscal Fourth Quarter Results Including Revenue of Approx. $4.0 Million CAD
Key Highlights
- ➤Fiscal Q4 revenue approximately $4.0 million CAD, including $3.4 million from Houdini
- ➤Houdini generated $1.9 million CAD EBITDA, representing approximately 56% margin
- ➤Houdini processed approximately $326 million CAD in quarterly transaction volume
- ➤SOL Strategies held approximately 465,000 SOL worth $77.9 million CAD
- ➤Assets under Delegation reached approximately 3.56 million SOL, valued at $596 million CAD
Expert Statements
Michael Hubbard, CEO of SOL Strategies
“Our fiscal fourth quarter results demonstrate the value of our broader, more diversified business with the addition of Houdini, which delivered an impressive 56% EBITDA margin in its first full quarter under our ownership on the back of strong growth in monthly volumes. Together with our Solana treasury and validator operations, we have a distinct operating model compared to other blockchain technology companies. Our business development efforts are beginning to show value, as we add new distribution partners for Houdini while further refining the products and user experience. I am excited for fiscal 2027 and believe we are well positioned to continue building on this momentum.”
Houdini Swap Generates $3.4 Million CAD in Revenue on Volume of $326 Million CAD During First Full Quarter of Operations under SOL Strategies
Toronto, Ontario--(Newsfile Corp. - November 10, 2026) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), a digital asset infrastructure company focused on high-performance blockchain and privacy technologies, today reports preliminary, unaudited select financial and operating results for its fiscal fourth quarter ended September 30, 2026. The fiscal fourth quarter represents the first full quarter of operations for Houdini Swap ("Houdini"), a non-custodial, privacy-focused cross-chain swap aggregator, as a wholly-owned company subsidiary. The Company completed the acquisition of Houdini on June 1, 2026.
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