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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
SOL Strategies Inc. has made its Nasdaq debut under the ticker STKE, offering U.S. investors direct exposure to a company holding a significant Solana treasury. The listing converts the firm’s Canadian shares into a U.S. trading venue, attracting both retail and institutional interest. Early trading showed high volatility as markets reacted to the crypto-backed equity play.
- SOL Strategies' Nasdaq debut converts Canadian listings to U.S. trading, with early volatility seeing shares drop from $12.85 to $8.18.
- The company holds a Solana treasury valued at $83-$94 million, engages in staking, and invests in Solana ecosystem projects.
- Regulators are monitoring disclosures on staking income and treasury management as crypto-backed equities gain visibility.
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