Solana News Today: DevvStream Stakes SOL Amid $11.8M Loss, Bets Big on Green Blockchain Future

Canadian publicly traded company DevvStream Corp. (DEVS) has disclosed a significant digital asset portfolio, holding approximately 12,185 Solana (SOL) tokens and 22.229 Bitcoin (BTC) as of November 11, 2025, according to a 2025 financial reportCanadian publicly traded company DevvStream holds 12,185 SOL, with a BTC holding of around 22 coins. The company has staked the entire SOL holding, generating a 6.29% annualized yieldDevvStream reports $11.8 million loss, launches digital asset treasury. This disclosure comes amid a $11.8 million net loss for the fiscal year ending July 31, 2025, attributed to increased public company and professional fees following its Nasdaq listingDevvStream reports $11.8 million loss, launches digital asset treasury. Despite the loss, DevvStream reported $9.73 million in cash and restricted cash and secured a $10 million drawdown from a $300 million convertible note facility with HelenaDevvStream reports $11.8 million loss, launches digital asset treasury.

The company's digital asset treasury, held in segregated custody at BitGo and developed with FRNT Financial, is part of a broader strategy to leverage blockchain for environmental marketsDevvStream reports $11.8 million loss, launches digital asset treasury. CEO Sunny Trinh emphasized that fiscal 2025 focused on building infrastructure for growth, including the U.S. listing, long-term capital access, and connecting sustainability markets with digital transparencyDevvStream reports $11.8 million loss, launches digital asset treasury. DevvStream plans to launch a tokenization platform in 2026 to monetize carbon credits and Solana staking, aiming to expand its business through environmental asset digitizationCanadian publicly traded company DevvStream holds 12,185 SOL, with a BTC holding of around 22 coins.

The strategic shift aligns with the company's recent de-SPAC transaction and Nasdaq listing, positioning it as a publicly traded carbon and renewable energy asset monetization firmDevvStream Reports Fiscal Year 2025 Results and Advances Digital-Asset and Tokenization Strategy. DevvStream also intends to acquire an allocation of DevvE tokens to enhance transparency in environmental marketsDevvStream Reports Fiscal Year 2025 Results and Advances Digital-Asset and Tokenization Strategy. For fiscal 2026, the company projects revenue growth from carbon credit monetization, I-REC brokerage, and staking yieldsDevvStream reports $11.8 million loss, launches digital asset treasury. Acquisitions are highlighted as a key driver for future expansionDevvStream reports $11.8 million loss, launches digital asset treasury.

While the crypto market faced broad outflows last week, with Bitcoin and Ethereum leading redemptionsCrypto funds bleed $1.17b in sustained U.S.-led exodus, DevvStream's Solana holdings bucked the trend by attracting inflows. The company's staked SOL, yielding 6.29%, contrasts with the broader market's risk-off sentiment driven by U.S. macroeconomic uncertaintiesCrypto funds bleed $1.17b in sustained U.S.-led exodus.