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Sol Strategies Inc. (STKE) Q4 2025 Earnings Call Transcript

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Sol Strategies Inc. (STKE) Q4 2025 Earnings Call January 6, 2026 4:30 PM EST

Company Participants

Michael Hubbard – Interim CEO & Director
Douglas Harris – Chief Financial Officer
Max Kaplan – Chief Technology Officer
Andrew McDonald – Chief Operating Officer

Conference Call Participants

John Ragozzino – Sol Strategies Inc.
Brett Knoblauch – Cantor Fitzgerald & Co., Research Division
John Marc Roy – Water Tower Research LLC

Presentation

Operator

Good day, everyone. Welcome to the Sol Strategies’ Fiscal Year-End 2025 Earnings Conference Call. [Operator Instructions].

On the call with us today is Mr. Michael Hubbard, Chief Executive Officer; Mr. Doug Harris, Chief Financial Officer; Mr. Max Kaplan, Chief Technology Officer; and Mr. John Ragozzino from ICR.

At this time, I will turn the conference over to Mr. John Ragozzino with ICR. Please go ahead, sir.

John Ragozzino
Sol Strategies Inc.

Good afternoon, and thank you for joining Sol Strategies’ Fiscal Fourth Quarter and Full Year 2025 Earnings Conference Call.

Before we begin, I want to remind everyone that certain statements on this call contain forward-looking statements subject to risks and uncertainties. Actual results may differ materially from these statements. We refer you to our latest press release, MD&A and SEDAR+ filings for a detailed risk factors and assumptions. All dollar amounts are in Canadian dollars unless otherwise noted.

The company assumes no significant events occur outside our normal course of business and that current trends in the digital assets markets continue. However, listeners should note that crypto markets are volatile and our business metrics can fluctuate significantly.

With that, let me turn it over to Michael Hubbard, Sol Strategies’ Interim CEO.

Michael Hubbard
Interim CEO & Director

Thanks, John. Good afternoon, everyone. Let me start with what matters. The last calendar quarter of 2025 and was the quarter institutional Solana infrastructure went from theory to reality, and Sol Strategies

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