Antanas Guoga Announces Filing of Early Warning Report Related to Sol Strategies Inc.

Antanas Guoga announced an early warning report that he acquired 2,300,726 common shares of Sol Strategies (NYSE:STKE) on January 6, 2026 under a debt settlement and termination agreement dated December 31, 2025.

Rhea-AI Summary

Antanas Guoga announced an early warning report that he acquired 2,300,726 common shares of Sol Strategies (NYSE:STKE) on January 6, 2026 under a debt settlement and termination agreement dated December 31, 2025.

Before the transaction he held 3,784,034 shares (≈13.49%); after the transaction he holds 6,084,760 shares (≈19.7%) of the issued and outstanding common shares on an undiluted basis. The filing notes Mr. Guoga may buy, sell, hedge, or otherwise change his economic exposure to the Company going forward.

Positive

• Insider ownership increased to 19.7%
• Acquisition executed via a debt settlement completed December 31, 2025–January 6, 2026
• Ownership rose by 2,300,726 shares (≈6.21 percentage points)

Negative

• Large block holder may trade or hedge positions, creating potential share price volatility

Argus Jan 8 session

+1.37% close to close 0.5x rel. volume Open Argus

Details

News Market Reaction – STKE

On Jan 8, the day this news came out, STKE closed 1.37% above the previous close.

Data tracked by StockTitan Argus for the Jan 8 session.

Key Figures

New shares acquired: 2,300,726 shares Pre-transaction holdings: 3,784,034 shares Post-transaction holdings: 6,084,760 shares +2 more

New shares acquired

2,300,726 shares

Common shares received under Debt Settlement and Termination Agreement on Jan 6, 2026

Pre-transaction holdings

3,784,034 shares

Common shares held before completion of the Transaction

Post-transaction holdings

6,084,760 shares

Common shares held after completion of the Transaction

Pre-transaction ownership

13.49%

Undiluted ownership of issued and outstanding Common Shares before Transaction

Post-transaction ownership

19.7%

Undiluted ownership of issued and outstanding Common Shares after Transaction

Historical Context

5 past events · Latest: Dec 31

5 events

1. Dec 31

   Debt restructuring

   24h Move

   -1.9%

   Amended credit facility with partial conversion to equity and cash repayment.

2. Dec 31

   Full-year earnings

   24h Move

   -1.9%

   Revenue growth and larger SOL holdings offset by lower adjusted EBITDA.

3. Dec 29

   Earnings call date

   24h Move

   +0.0%

   Announcement of timing and speakers for fiscal 2025 earnings call.

4. Dec 04

   Monthly business update

   24h Move

   +1.1%

   New institutional staking mandate and improved balance sheet metrics.

5. Nov 17

   ETF staking mandate

   24h Move

   -8.7%

   Selection as staking provider for VanEck Solana ETF using Orangefin validator.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

early warning report, debt settlement, derivative

3 terms

early warning report regulatory

"announces that he has filed an early warning report (the "Report") regarding the acquisition"

An early warning report is a regulatory filing that publicly discloses when an investor or insider has taken a large or potentially influential position in a company's shares or plans significant actions with those shares. It matters to investors because it flags possible shifts in control, takeover attempts, or concentrated influence—like a neighborhood notice that someone is buying several houses on the block—helping readers reassess risk, valuation, and trading strategy.

debt settlement financial

"pursuant to a debt settlement and termination agreement (the "Debt Settlement and Termination Agreement")"

A debt settlement is an agreement where a borrower negotiates to pay less than the full amount owed to creditors in exchange for closing the obligation. Think of it like settling a disputed bill for a lower price to avoid continued collection; for investors, it can immediately reduce a company’s reported liabilities but may signal financial distress, hurt credit ratings, trigger one-time losses, or change future borrowing costs.

derivative financial

"other securities, or derivative or other instruments that are based upon or relate"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

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Toronto, Ontario--(Newsfile Corp. - January 8, 2026) - Antanas Guoga, Chair and director of Sol Strategies Inc. (formerly, Cypherpunk Holdings Inc., the "Company"), announces that he has filed an early warning report (the "Report") regarding the acquisition of 2,300,726 common shares (each, a "Common Share") in the capital of the Company on January 6, 2026, pursuant to a debt settlement and termination agreement (the "Debt Settlement and Termination Agreement") dated December 31, 2025 between the Company and Antanas Guoga that resulted in the change of ownership of more than 2% (the "Transaction").

Prior to the completion of the Transaction, Mr. Guoga held an aggregate of 3,784,034 Common Shares, representing approximately 13.49% of the then issued and outstanding Common Shares on an undiluted basis. Upon completion of the Transaction, Mr. Guoga holds an aggregate of 6,084,760 Common Shares, representing approximately 19.7% of the issued and outstanding Common Shares on an undiluted basis.

Mr. Guoga may (i) increase or decrease its position in the Company through, among other things, the purchase or sale of securities of the Company, including through transactions involving the Common Shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the Company in the open market or otherwise, (ii) enter into transactions that increase or hedge its economic exposure to the Common Shares without affecting its beneficial ownership of the Common Shares or (iii) consider or propose one or more of the actions described in subparagraphs (a) - (k) of Item 5 of Mr. Guoga's early warning report filed in accordance with applicable Canadian securities laws.

For further details relating to the acquisition, please see the Report, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca, or may be requested by mail at: Antanas Guoga c/o Irwin Lowy LLP, 217 Queen Street West, Suite 401, Toronto, ON M5V 0R2, or by email at tonyguoga@icloud.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279818

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Antanas Guoga disclose in the early warning report for STKE on January 8, 2026?

He disclosed acquiring 2,300,726 common shares on January 6, 2026 by a debt settlement, bringing his total to 6,084,760 shares (≈19.7%).

How many STKE shares did Antanas Guoga hold before the January 6, 2026 transaction?

He held 3,784,034 shares, representing approximately 13.49% of outstanding common shares prior to the transaction.

How did Antanas Guoga acquire the additional STKE shares on January 6, 2026?

The additional shares were acquired pursuant to a debt settlement and termination agreement dated December 31, 2025.

What percentage of STKE does Antanas Guoga own after the January 6, 2026 transaction?

After the transaction he owns approximately 19.7% of the issued and outstanding common shares on an undiluted basis.

Could Antanas Guoga buy or sell more STKE shares after this filing?

Yes. The report states he may increase or decrease his position through purchases, sales, hedges, or other instruments affecting economic exposure.