Canada's SOL Strategies Grows Crypto Wallets Nearly 10%

2026-03-05 17:29:29 ET

Cryptoprowl.com / SOL Strategies (CSE: ) has grown its unique cryptocurrency wallets by nearly 10% to 33,568.

Based in Toronto, SOL Strategies is focused on developing the network that supports the Solana (CRYPTO: ) cryptocurrency.

The company acts a validator node operator, provides infrastructure, and invests in Solana-based projects to generate staking rewards.

The growth of its unique wallets was announced along with SOL Strategies' latest financial results.

Management reported having 3.87 million Solana tokens as assets under delegation at the end of the quarter.

The company also announced an overhaul of its board of directors to include two new independent directors, Laszlo Borsai and Dennis Logan, along with five incumbent directors.

"We have four revenue streams operating simultaneously: treasury stake, third party delegated stake, liquid staking, and institutional staking services," said SOL Strategies CEO Michael Hubbard in the company's earnings release.

SOL Strategies has scheduled its annual general meeting for March 31 of this year.

HODL stock has declined 92% over the past 12 months to trade at $2.01 per share.