Sol Strategies Inc. (HODL) Earnings Call Transcripts

Sol Strategies Inc.'s Latest Earnings Call - Q2 FY2026

Sol Strategies Inc. reported its fiscal second quarter 2026 results, highlighting significant strategic developments that could influence stock performance. The company launched Stake Sol, a liquid staking token on the Solana blockchain, and acquired Zyga Zero Knowledge technology and announced a pending acquisition of Udineswap for USD 18 million. Revenue from staking and validators was CAD 3.3 million for the six-month period, but the company faced a CAD 22 million loss from cryptocurrency disposition. Management anticipates the Udineswap acquisition will significantly enhance revenue and profitability.

Reported metrics

Guidance from management

Management expects the Udineswap acquisition to add significant revenue and profits, with anticipated closing by the end of May 2026. No specific forward guidance was provided.

What management said

Thank you, Doug and Steve, and thank you all for joining us today. We're excited about the pending dining closing at the end of the month and the long-term value it brings to our business. The future of Sol Strategies is very exciting, and we look forward to sharing the results next quarter. We are thrilled to be positioned to capture the growth of the Solana and digital asset economies to be ready to service institu...

Thank you, Bob. Thank you, everyone, for dialing in. We're very excited about what's to come for this company and the upcoming closing of the Houdini transaction. We are incredibly excited about the potential for this company going forward and look forward to providing a further update for our next quarterly earnings. Thank you.

What analysts pressed on

Analysts expressed concerns about the integration of new acquisitions and the potential uplift to staking yields. Questions focused on product timelines for Dark Lake and Udineswap, and potential synergies with existing operations.

Main topics on the call

• Stake Sol Launch — Sol Strategies launched Stake Sol, a liquid staking token on Solana, allowing users to earn staking rewards while maintaining liquidity. Management stated, 'Stake Sol changes this... continues to earn accruing staking re...
• Zyga Technology Acquisition — The acquisition of Zyga Zero Knowledge technology from Dark Lake Labs adds privacy-preserving execution capabilities. CEO Michael Hubbard noted, 'Zyga is designed for privacy preserving execution with dynamic inputs.'
• Udineswap Acquisition — Sol Strategies announced a definitive agreement to acquire Udineswap for USD 18 million, expecting to close by the end of May. This acquisition is expected to add significant revenue and profits.
• Financial Performance — The company reported a CAD 22 million loss from cryptocurrency disposition and significant non-cash expenses totaling CAD 77 million. CFO Douglas Harris explained, 'a $22 million loss... related to the launch of our liqu...

Read the full Sol Strategies Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 11 Sol Strategies Inc. earnings call transcripts on record, spanning November 10, 2021 to August 17, 2026. Based on this history, Sol Strategies Inc. reports semi-annually. The most recent call on file is dated August 17, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HODL

Exchange

CNSX

Country

CA

Sector

Financials

Industry

Capital Markets

Calls on record

11

First call

November 10, 2021

Most recent

August 17, 2026

Reporting cadence

semi-annually