SOL Strategies shares surge 10.4% intraday after 69% revenue jump and 529,000 SOL holdings boost.

SOL Strategies surged 10.40% intraday following the release of its Q1 2026 financial results, which highlighted a 69% year-over-year increase in staking and validation revenue to CAD$2.1 million, alongside a tripling of SOL holdings to 529,000 tokens (~CAD$92.2 million). The company also reported a 120% rise in staking rewards (9,787 SOL) and announced a webcast and conference call on February 18 to discuss the results. These metrics underscored the firm’s growth in the Solana ecosystem and reinforced investor confidence in its operational and financial performance. While interim unaudited filings noted asset declines due to crypto market weakness, the strong revenue and asset expansion dominated the price movement.