SOL Strategies Increases Exposure to Solana with Strategic Token Acquisition and Infrastructure Growth

Canadian blockchain infrastructure firm SOL Strategies (HODL) expanded its Solana exposure in March with the acquisition of 24,000 SOL tokens at an average purchase price of C$199 ($139.80 USD), bringing its total holdings to 267,151 SOL. According to the company’s operational report, approximately 265,295 of those tokens are currently staked across four validators under its management.

The March acquisition—valued at approximately $3.37 million—comes amid a broader drawdown in digital asset markets. Since early March, SOL Strategies’ stock has declined by 25%, closely tracking Solana’s 27% price drop over the same period. The company’s stock has fallen 67% since the start of President Trump’s term, while SOL has declined 58%.

Led by former Valkyrie Investments co-founder Leah Wald, the company has intensified its presence across Proof-of-Stake ecosystems. In addition to Solana, SOL Strategies has established validator operations on Sui (SUI), Monad (MONAD), and ARCH (ARCH), further diversifying its staking infrastructure portfolio.

In a significant infrastructure expansion last month, SOL Strategies acquired three validator nodes—including assets from validator operator Laine and analytics provider Stakewiz—for roughly $24.5 million. The transaction boosted the total SOL staked via its infrastructure from 1.66 million to over 3.35 million tokens.

While Solana remains the firm’s core focus, SOL Strategies also maintains a reserve of 3.211 BTC as part of its digital asset treasury strategy. Despite recent market volatility, the company appears committed to long-term growth through validator scaling and increased staking activity.