<SEC-DOCUMENT>0001062993-26-003491.txt : 20260702
<SEC-HEADER>0001062993-26-003491.hdr.sgml : 20260702
<ACCEPTANCE-DATETIME>20260702135842
ACCESSION NUMBER:		0001062993-26-003491
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20260702
FILED AS OF DATE:		20260702
DATE AS OF CHANGE:		20260702

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOL Strategies Inc.
		CENTRAL INDEX KEY:			0001846839
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42710
		FILM NUMBER:		261149791

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		217 QUEEN STREET WEST
		STREET 2:		SUITE 401
		CITY:			TORONTO
		NON US STATE TERRITORY:  	ONTARIO
		PROVINCE COUNTRY:   	A6
		ZIP:			M5X 1B1
		BUSINESS PHONE:		416-480-2488

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		217 QUEEN STREET WEST
		STREET 2:		SUITE 401
		CITY:			TORONTO
		NON US STATE TERRITORY:  	ONTARIO
		PROVINCE COUNTRY:   	A6
		ZIP:			M5X 1B1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cypherpunk Holdings Inc.
		DATE OF NAME CHANGE:	20210218
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<head>
    <title>SOL Strategies Inc.: Form 6-K - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt;">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b><font size="5">UNITED STATES</font></b><br><b><font size="5">SECURITIES AND EXCHANGE COMMISSION</font></b><br>Washington, D.C. 20549</p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b><font size="5">FORM 6-K</font></b></p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 <br>UNDER THE SECURITIES EXCHANGE ACT OF 1934</b></p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;">For the month of <u><b>July 2026</b></u></p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;">Commission File Number:<b> </b><u><b>001-42710</b></u></p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b><font size="5"><u>Sol Strategies Inc.</u></font></b><br>(Translation of registrant's name into English)</p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b>217 Queen Street West, Suite 401<u><br>Toronto, Ontario, M5V 0R2, Canada</u></b><br>(Address of principal executive offices)</p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;">Form 20-F &#9744;&#160; &#160; &#160; Form 40-F &#9746;</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b><u>SUBMITTED HEREWITH</u></b></p>
    <table style="font-size: 10pt; width: 100%;" border="0" cellspacing="0" cellpadding="0">
        <tr>
            <td style="border-bottom: 1px solid rgb(0, 0, 0); width: 8%;"><b>Exhibit</b></td>
            <td style="width: 5%;">&#160;</td>
            <td style="border-bottom: 1px solid #000000;"><b>Description</b></td>
        </tr>
        <tr>
            <td>&#160;</td>
            <td>&#160;</td>
        </tr>
        <tr style="background-color: #eeeeee;">
            <td><a href="exhibit99-1.htm">99.1</a></td>
            <td>&#160;</td>
            <td><a href="exhibit99-1.htm">News Release dated July 2, 2026</a></td>
        </tr>
    </table>
    <br>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b>SIGNATURES</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p>
    <table style="width: 100%; font-size: 10pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 50%;">&#160;</td>
            <td style="width: 50%;" colspan="2"><b>Sol Strategies Inc.</b></td>
        </tr>
        <tr>
            <td style="width: 50%;">&#160;</td>
            <td colspan="2">(Registrant)</td>
        </tr>
        <tr>
            <td style="width: 50%;">&#160;</td>
            <td colspan="2">&#160;</td>
        </tr>
        <tr>
            <td style="width: 50%;">Date: July 2, 2026</td>
            <td style="width: 5%;">By:</td>
            <td style="width: 45%; vertical-align: top; border-bottom: 0.75pt solid #000000;"><i>/s/ Michael Hubbard</i></td>
        </tr>
        <tr>
            <td style="width: 50%;">&#160;</td>
            <td style="width: 5%;">&#160;</td>
            <td style="width: 45%; vertical-align: top;">Michael Hubbard</td>
        </tr>
        <tr>
            <td style="width: 50%;">&#160;</td>
            <td style="width: 5%;">Title:</td>
            <td style="width: 45%; vertical-align: top;">Interim CEO</td>
        </tr>
    </table>
    <br>
    <hr width="100%" size="5" color="black" noshade="noshade">
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title>SOL Strategies Inc.: Exhibit 99.1 - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt; font-family:'Times New Roman';">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><b>SOL STRATEGIES JUNE 2026 MONTHLY BUSINESS UPDATE</b></p>
    <p style="text-align: center; margin-top: 10pt; margin-bottom: 10pt;"><i><b>Houdini Swap distribution expands through Jumper integration </b></i></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>TORONTO, July 2, 2026</b> - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), a digital asset infrastructure company focused on high performance blockchain and privacy technologies, today shared a corporate update for the month of June 2026.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Houdini Swap:</b> SOL Strategies closed the Houdini Swap acquisition on June 1, 2026. On June 18, 2026, SOL Strategies <font style="color: #4f81bd;">announced</font> that Houdini Swap was integrated with Jumper, the multi-chain aggregation app that processes more than $1 billion in monthly volume*. Houdini Swap is now integrated into a distribution network spanning partners that collectively claim tens of millions of registered users.&#8224;<br>&#8224;<font style="color: #444746;"><i>Figures are partner-reported, definitions differ and overlap across partners may be&#160; significant</i></font></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Houdini Swap / Jumper Integration:</b> The integration is now live, and Jumper users can perform Swap, Bridge, and Receive transactions privately, directly on jumper.xyz, powered by Houdini's API. Jumper is built on LI.FI's routing infrastructure, which aggregates 20+ bridges and 30+ DEXs and aggregators across 60+ chains.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Treasury Management:</b> On June 8, 2026, SOL Strategies <font style="color: #4f81bd;">announced</font> that it settled approximately CAD $5.75 million of debt through the sale of 65,001 SOL at an average price of CAD $87.88 per SOL. The decision reflected a deliberate approach to capital and risk management during a period of market volatility. The Company manages its balance sheet actively in service of its operating business, and the improved balance sheet positions the Company to focus fully on its operating businesses heading into the second half of 2026. As of June 30, 2026, the Company's treasury held 460,017&#160; SOL (&#126;CAD $50.6mm**).</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Non-Solana Validator Wind-Down:</b> During June, the Company wound down its non-Solana validators on the Sui and Monad networks. These validators were not material to revenue and the decision reflects the Company's continued focus on its Solana infrastructure and privacy technology businesses.</p>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Houdini Swap Operations:</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Houdini Swap, the Company's wholly-owned, non-custodial, privacy-focused cross-chain swap aggregator, completed its first full month of operations within SOL Strategies following the June 1 acquisition close.</p>
    <ul>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Cumulative Swap Volume (since launch): Over USD $2.7 billion*</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Cumulative Swap Count: Over 1.1mm Swaps</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Swap Volume June: Over 65mm in volume&#160; over 34,000 swaps</p>
        </li>
    </ul>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">*Source: <font style="color: #4f81bd;">https://app.houdiniswap.com/analytics</font></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>STKESOL Liquid Staking Platform:</b></p>
    <ul>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Total SOL Staked in STKESOL: 646,528 SOL</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Unique STKESOL Holders: 1,336</p>
        </li>
    </ul>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Validator Network Operations:</b></p>
    <ul>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Assets Under Delegation (AuD): 3,468,602 SOL (including treasury stake, liquid stake, and third-party delegation)</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Unique Wallets Served: 33,106</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Validator Uptime: 100% across all proprietary Solana validators</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Peak APY Delivered: 5.84% vs. 5.53% network average</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;">Net SOL earned in June from proprietary validators: 661 SOL**</p>
        </li>
    </ul>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Company Treasury Holdings:</b></p>
    <ul>
        <li>Total Treasury SOL (including liquid staked SOL): 460,017 SOL (&#126;CAD $50.6mm)</li>
    </ul>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><i>**Based on a SOL/CAD rate of $110.07 as published by Kraken at 03:29 PM ET on 07/01/2026. </i><br><i>***Validator revenue net of voting costs</i></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Management Commentary</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><i><b>Michael Hubbard, CEO of SOL Strategies,</b></i> <i>stated:</i> "A year ago we were a validator business. Today, we've got validators, a liquid staking token, institutional staking clients, and a privacy infrastructure business doing real revenue. June was the month where all of that started operating under one roof in a way that felt clean. The balance sheet is lighter, the team is focused on Solana, and every part of the business feeds the others. We're in a genuinely different position heading into the final quarter of our financial year."</p>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Transition to Event-Driven Communications</b>: This is the final monthly business update from SOL Strategies. The Company will continue to issue press releases, quarterly earnings, and ad-hoc updates as developments occur. All filings and materials remain available at<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.solstrategies.io/investor-relations</u></font>, on SEDAR+ at<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.sedarplus.ca</u></font>, and on EDGAR at<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.sec.gov</u></font>.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Upcoming Investor Events</b></p>
    <p style="margin-bottom: 0pt; text-align: justify; margin-top: 10pt;">H.C. Wainwright 28th Annual Global Investment Conference</p>
    <ul>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;"><b>Date:</b> September 14-16, 2026</p>
        </li>
        <li>
            <p style="margin-top: 10pt; margin-bottom: 10pt;"><b>Location:</b> NYC, <font style="color: #1155cc;"><u>Register</u></font></p>
        </li>
    </ul>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>About SOL Strategies</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a digital asset infrastructure company focused on high-performance blockchain and privacy technologies. Headquartered in Toronto, the Company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual SOL holders to institutional clients.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">To learn more about SOL Strategies, please visit<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.solstrategies.io</u></font>. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.sedarplus.ca</u></font> and EDGAR at<font style="color: #000000;">&#160;</font><font style="color: #1155cc;"><u>www.sec.gov</u></font>.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Investor Contacts:</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Doug Harris, Chief Financial Officer, 416-480-2488<br>John Ragozzino, CFA, solstrategies@icrinc.com, 203-682-8284<br><b>Media Contact:</b> solstrategies@scrib3.co</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Cautionary Note Regarding Forward-Looking Information:</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.</p>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_4"></a>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward&#8208;looking statements and information. More particularly and without limitation, this news release contains forward&#8208;looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">Forward-looking statements in this news release include statements regarding the Company's expectations for its balance sheet and operating focus in the second half of 2026, the Company's plans for future communications, including press releases, quarterly earnings, and ad-hoc updates, and the Company's anticipated participation in upcoming investor events. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.</p>
    <hr style="page-break-after: always;" width="100%" size="5" color="black" noshade="noshade"><a name="page_5"></a>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;"><b>Disclaimer:</b></p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.</p>
    <p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt;">None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.</p>
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