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SOL Strategies June 2026 Monthly Business Update

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SOL Strategies (NASDAQ: STKE) issued its June 2026 business update, highlighting the June 1 closing of the Houdini Swap acquisition and its June 18 integration with Jumper, a multi-chain aggregation app processing over $1 billion in monthly volume.

Houdini Swap has processed over USD $2.7 billion across 1.1 million swaps to date, with over $65 million volume in June. The company reported 3,468,602 SOL in assets under delegation, 646,528 SOL staked in STKESOL, 661 SOL net earned in June, and treasury holdings of 460,017 SOL (~CAD $50.6 million). SOL Strategies settled approximately CAD $5.75 million of debt by selling 65,001 SOL and announced a shift from monthly to event-driven communications.

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Positive

  • Houdini Swap acquisition closed June 1, 2026
  • Houdini Swap integrated with Jumper, which processes over $1 billion in monthly volume
  • Houdini Swap cumulative swap volume over USD $2.7 billion and 1.1 million swaps
  • June Houdini Swap volume over $65 million across 34,000 swaps
  • Assets under delegation reached 3,468,602 SOL
  • Company treasury holds 460,017 SOL (~CAD $50.6 million) after settling ~CAD $5.75 million of debt

Negative

  • None.

Market reaction after June 2026 monthly business update: STKE -6.25% in the Jul 2 session

-6.25% 1.9x vol
16 alerts
-6.25% Session close to close
-22.8% Trough in 12 hr 30 min
$61.48M Market Cap
1.9x Rel. Volume

In the Jul 2 session, STKE declined 6.25%, reflecting a notable negative market reaction. Argus tracked a trough of -22.8% from its starting point during tracking. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -6.3% in the session following this news. A sharp decline could reflect skepticism d...
Analysis

The stock moved -6.3% in the session following this news. A sharp decline could reflect skepticism despite Houdini’s USD $2.7 billion cumulative volume and the CAD $5.75 million debt reduction. Past announcements have often seen negative follow-through, and any renewed balance-sheet worries could quickly overshadow operational momentum.

Key Figures

Debt settled: CAD $5.75 million Treasury SOL holdings: 460,017 SOL (~CAD $50.6mm) Houdini cumulative volume: Over USD $2.7 billion +5 more
8 metrics
Debt settled CAD $5.75 million Settled via SOL sales on June 8, 2026
Treasury SOL holdings 460,017 SOL (~CAD $50.6mm) As of June 30, 2026
Houdini cumulative volume Over USD $2.7 billion Since launch
June Houdini volume Over $65mm across 34,000 swaps June 2026 activity
STKESOL staked 646,528 SOL Total SOL staked in STKESOL
Assets under delegation 3,468,602 SOL Validator network AuD on Solana
Validator uptime 100% All proprietary Solana validators
Peak APY delivered 5.84% vs 5.53% network Validator performance benchmark

Historical Context

5 past events · Latest: Jun 26 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 26 Amended Q2 filings Neutral +5.4% Amended and restated Q2 2026 interim financials and MD&A filings.
Jun 18 Houdini integration plan Positive -3.2% Announced upcoming Houdini Swap integration with Jumper multi-chain aggregation app.
Jun 18 Houdini live on Jumper Positive -3.2% Confirmed Houdini Swap live on Jumper for private cross-chain transactions.
Jun 08 Debt reduction update Positive -0.4% Reported settling CAD $5.75M of debt via SOL sales and Houdini metrics.
Jun 03 May 2026 update Positive -0.8% Closed USD $18M Houdini acquisition and highlighted staking, AuD, and treasury.

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

Pattern Detected

Recent STKE news often saw muted or opposite price reactions to seemingly constructive operational and balance-sheet updates.

Key Terms

non-custodial, cross-chain, liquid staking, apy
4 terms
non-custodial technical
"Houdini Swap, the Company's wholly-owned, non-custodial, privacy-focused cross-chain swap"
Non-custodial means that individuals have full control over their own assets without relying on a third party to hold or manage them. Think of it like keeping your money in your own wallet instead of a bank’s safe deposit box; you are responsible for safeguarding and using your assets directly. For investors, this offers greater privacy and control, but also requires more responsibility for security.
cross-chain technical
"privacy-focused cross-chain swap aggregator, completed its first full month of operations"
Cross-chain means moving tokens, data or smart-contract actions between different blockchain networks so assets and applications can work together, like sending money between banks that use different computer systems. It matters to investors because it expands where and how an asset can be used, boosting liquidity and potential value, while also introducing extra technical and security risks that can affect returns.
liquid staking financial
"STKESOL Liquid Staking Platform:Total SOL Staked in STKESOL"
Liquid staking is a process that allows investors to earn rewards from their staked assets while still being able to use or access those assets whenever needed. Imagine putting money into a savings account that also lets you spend or invest that money without waiting—liquid staking offers similar flexibility, making it easier for investors to benefit from their holdings without sacrificing liquidity.
apy financial
"Validator Uptime: 100% across all proprietary Solana validatorsPeak APY Delivered: 5.84%"
APY, or Annual Percentage Yield, shows how much money an investment or savings account can earn in a year, taking into account both the interest rate and how often that interest is added. Think of it like a snowball growing as it rolls downhill: the more frequently the snowball gains new snow, the faster it gets bigger. For investors, APY helps compare different options to see which one offers the best return over time.
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Houdini Swap distribution expands through Jumper integration

Toronto, Ontario--(Newsfile Corp. - July 2, 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 shared a corporate update for the month of June 2026.

Houdini Swap: SOL Strategies closed the Houdini Swap acquisition on June 1, 2026. On June 18, 2026, SOL Strategies announced that Houdini Swap was integrated with Jumper, the multi-chain aggregation app that processes more than $1 billion in monthly volume*. Houdini Swap is now integrated into a distribution network spanning partners that collectively claim tens of millions of registered users.†
Figures are partner-reported, definitions differ and overlap across partners may be significant

Houdini Swap / Jumper Integration: The integration is now live, and Jumper users can perform Swap, Bridge, and Receive transactions privately, directly on jumper.xyz, powered by Houdini's API. Jumper is built on LI.FI's routing infrastructure, which aggregates 20+ bridges and 30+ DEXs and aggregators across 60+ chains.

Treasury Management: On June 8, 2026, SOL Strategies announced that it settled approximately CAD $5.75 million of debt through the sale of 65,001 SOL at an average price of CAD $87.88 per SOL. The decision reflected a deliberate approach to capital and risk management during a period of market volatility. The Company manages its balance sheet actively in service of its operating business, and the improved balance sheet positions the Company to focus fully on its operating businesses heading into the second half of 2026. As of June 30, 2026, the Company's treasury held 460,017 SOL (~CAD $50.6mm**).

Non-Solana Validator Wind-Down: During June, the Company wound down its non-Solana validators on the Sui and Monad networks. These validators were not material to revenue and the decision reflects the Company's continued focus on its Solana infrastructure and privacy technology businesses.

Houdini Swap Operations:

Houdini Swap, the Company's wholly-owned, non-custodial, privacy-focused cross-chain swap aggregator, completed its first full month of operations within SOL Strategies following the June 1 acquisition close.

  • Cumulative Swap Volume (since launch): Over USD $2.7 billion*
  • Cumulative Swap Count: Over 1.1mm Swaps
  • Swap Volume June: Over 65mm in volume over 34,000 swaps

*Source: https://app.houdiniswap.com/analytics

STKESOL Liquid Staking Platform:

  • Total SOL Staked in STKESOL: 646,528 SOL
  • Unique STKESOL Holders: 1,336

Validator Network Operations:

  • Assets Under Delegation (AuD): 3,468,602 SOL (including treasury stake, liquid stake, and third-party delegation)
  • Unique Wallets Served: 33,106
  • Validator Uptime: 100% across all proprietary Solana validators
  • Peak APY Delivered: 5.84% vs. 5.53% network average
  • Net SOL earned in June from proprietary validators: 661 SOL**

Company Treasury Holdings:

  • Total Treasury SOL (including liquid staked SOL): 460,017 SOL (~CAD $50.6mm)

**Based on a SOL/CAD rate of $110.07 as published by Kraken at 03:29 PM ET on 07/01/2026.
***Validator revenue net of voting costs

Management Commentary

Michael Hubbard, CEO of SOL Strategies, stated: "A year ago we were a validator business. Today, we've got validators, a liquid staking token, institutional staking clients, and a privacy infrastructure business doing real revenue. June was the month where all of that started operating under one roof in a way that felt clean. The balance sheet is lighter, the team is focused on Solana, and every part of the business feeds the others. We're in a genuinely different position heading into the final quarter of our financial year."

Transition to Event-Driven Communications: This is the final monthly business update from SOL Strategies. The Company will continue to issue press releases, quarterly earnings, and ad-hoc updates as developments occur. All filings and materials remain available at www.solstrategies.io/investor-relations, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov.

Upcoming Investor Events

H.C. Wainwright 28th Annual Global Investment Conference

  • Date: September 14-16, 2026
  • Location: NYC, Register

About SOL Strategies

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a digital asset infrastructure company focused on high-performance blockchain and privacy technologies. Headquartered in Toronto, the Company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual SOL holders to institutional clients.

To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Investor Contacts:
Doug Harris, Chief Financial Officer, 416-480-2488
John Ragozzino, CFA, solstrategies@icrinc.com, 203-682-8284
Media Contact: solstrategies@scrib3.co

Cautionary Note Regarding Forward-Looking Information:

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".

Forward-looking statements in this news release include statements regarding the Company's expectations for its balance sheet and operating focus in the second half of 2026, the Company's plans for future communications, including press releases, quarterly earnings, and ad-hoc updates, and the Company's anticipated participation in upcoming investor events. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.

The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

Disclaimer:

SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.

None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303711

FAQ

What did SOL Strategies (NASDAQ: STKE) announce in its June 2026 business update?

SOL Strategies reported closing the Houdini Swap acquisition, integrating it with Jumper, and updating key Solana staking and validator metrics. According to SOL Strategies, it also settled about CAD $5.75 million of debt and shifted from monthly to event-driven investor communications.

What are the latest Houdini Swap metrics from SOL Strategies’ June 2026 update for STKE?

Houdini Swap has processed over USD $2.7 billion in cumulative volume across more than 1.1 million swaps. According to SOL Strategies, June volume exceeded $65 million over 34,000 swaps, following the June 1 acquisition close and June 18 integration with Jumper.

How did SOL Strategies manage its treasury and debt in June 2026 for STKE shareholders?

SOL Strategies settled approximately CAD $5.75 million of debt by selling 65,001 SOL at an average CAD $87.88. According to SOL Strategies, treasury holdings were 460,017 SOL (~CAD $50.6 million) as of June 30, 2026, based on a referenced SOL/CAD rate.

What Solana validator and staking metrics did SOL Strategies report in June 2026?

SOL Strategies reported 3,468,602 SOL in assets under delegation and 646,528 SOL staked in STKESOL. According to SOL Strategies, proprietary validators delivered 100% uptime, peak APY of 5.84% versus a 5.53% network average, and earned 661 net SOL in June.

What communication changes did SOL Strategies announce for future STKE investor updates?

SOL Strategies stated that the June 2026 report will be its final monthly business update. According to SOL Strategies, future information will come via event-driven press releases, quarterly earnings, and ad-hoc updates, with materials available on its website, SEDAR+, and EDGAR.

How does the Jumper integration affect Houdini Swap under SOL Strategies (STKE)?

Houdini Swap is now integrated into Jumper, enabling private Swap, Bridge, and Receive transactions on jumper.xyz via Houdini’s API. According to SOL Strategies, Jumper runs on LI.FI routing, aggregating 20+ bridges and 30+ DEXs across more than 60 chains.