TechFlow news — On March 17, according to an official announcement from Sol Strategies, the company has successfully completed the acquisition of three validators—including the Laine validator—as well as stakewiz.com. As of March 15, 2025, Sol Strategies has increased the total staked SOL across its validator operations to 3,351,617 SOL (approximately 649 million Canadian dollars), representing a roughly 102% increase compared to 1,653,752 SOL on March 3.
Currently, the distribution of staked SOL managed by the company across its Solana validators is as follows: the newly acquired Laine validator holds 1,505,399 SOL (approximately 292 million Canadian dollars); Cogent Crypto validator holds 690,571 SOL (approximately 134 million Canadian dollars); Orangefin Ventures validator holds 682,488 SOL (approximately 132 million Canadian dollars); and the company's own validator holds 473,159 SOL (approximately 91.65 million Canadian dollars), of which 264,275 SOL was delegated by the company itself. The total value of the acquisition amounted to 35 million Canadian dollars, paid through a combination of cash, common shares, and warrants of Sol Strategies.
Market data shows that Sol Strategies Inc.'s stock price rose over 20% today.
