SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition Emmanuel Musa SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.com Canadian blockchain infrastructure firm Sol Strategies Inc. has announced a landmark acquisition of three Solana validators, including the well-known Laine validator, and the analytics platform Stakewiz.com. The acquisition will effectively double Sol Strategies’ staked SOL to 3.3 million SOL (CAD $706 million), solidifying its position as one of the leading institutional staking providers in the Solana ecosystem. Laine, a respected validator operator in the Solana community, manages over 1.5 million SOL in delegated stake and is known for its technical reliability and community engagement. The inclusion of Stakewiz.com, one of the most visited staking analytics platforms, brings added depth to Sol Strategies’ infrastructure portfolio, offering users enhanced performance insights and real-time staking data. As part of the acquisition, Laine founder Michael Hubbard will join Sol Strategies as Chief Strategy Officer, further bolstering the firm’s expertise in validator operations and decentralized analytics. The CAD $35 million deal will be paid through a mix of cash, common shares, and warrants, with shares subject to a statutory four-month lock-up. Once complete, the move is expected to elevate Sol Strategies as a premier staking solution provider on Solana, supporting its broader mission to scale blockchain infrastructure and deliver institutional-grade DeFi services.
