SOL Strategies Reports Significant Revenue Growth in Q2 2025

According to PANews, SOL Strategies has released its financial report for the second quarter of 2025 and provided a corporate update for May. The report reveals that as of March 31, 2025, the company's half-year revenue reached approximately $8.2 million, marking a 186% increase compared to the previous year. The Q2 revenue was about $2.5 million, a significant improvement from a loss of $67,000 in the same period in 2024. As of May 31, the company held 395,000 SOL tokens, valued at around $61.62 million, with most of these tokens staked. In May, SOL Strategies completed a $20 million convertible bond financing to acquire 122,500 SOL tokens and submitted a short-term base fundraising prospectus for $1 billion. The company also signed a memorandum of understanding with Superstate to explore equity tokenization solutions based on the Solana blockchain and entered a strategic staking partnership with DigitalX. Additionally, SOL Strategies has strengthened its compliance and security capabilities by completing SOC 1, SOC 2, and ISO 27001 audits. As of May 31, the company operates four validator nodes, serving over 5,500 wallets, with a node uptime of 99.995%. CEO Leah Wald stated that the company will continue to promote the institutional development of the Solana ecosystem. Previously, SOL Strategies submitted a preliminary prospectus for an initial public offering, aiming to issue securities valued at up to $1 billion.