SOL Strategies Inc.
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Exhibit 99.1
SOL Strategies
Announces Filing of Amended and Restated Q2 Fiscal 2026 Interim Financial Statements and MD&A
TORONTO, June 26,
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 announced that it has filed on SEDAR+ its
amended and restated interim unaudited condensed financial statements and related management's discussion and analysis for the three
and six months ended March 31, 2026 (collectively, the "Amended Filings").
The Amended Filings
fully replace the interim financial statements and MD&A for the same period originally filed on May 15, 2026, and were prepared
to correct certain presentation and classification matters identified through review by the Company's auditor, Davidson & Company
LLP.
The following corrections were incorporated
into the amended and restated interim financial statements:
| · | the
revaluation loss on digital assets for the three months ended March 31, 2026; |
| · | the
earnings per share for the three months ended March 31, 2026; |
| · | the
statement of cash flows for the six months ended March 31, 2025; |
| · | the
statement of changes in shareholders' equity for the period ended March 31, 2025; |
| · | the
change in fair value of cryptocurrencies disclosed in Note 5; |
| · | the
stock option grant activity disclosed in Note 13; and |
| · | the
subsequent events disclosed in Note 23. |
The corrections
did not change the Company's total comprehensive loss, total assets, total liabilities, or shareholders' equity (deficiency) for the
period. Amended and restated certifications of the interim filings (Form 52-109F2R) have been filed concurrently.
The Amended Filings
will be available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov, and should be
read in their entirety.
About SOL Strategies Inc.
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 Contact:
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".
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.