SOL Strategies Announces Letter of Intent to Acquire Validators and Financial Update

Toronto, Ontario—October 24, 2024—Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF) (formerly, Cypherpunk Holdings Inc., “SOL Strategies” or the “Company“),  a publicly traded, Canadian holding company that invests in the Solana blockchain and ecosystem, today announced a corporate update. Included in this update is a Letter of Intent to acquire four blockchain validators from an arm’s length party.

The following is an update on the Company’s financial activities and investment portfolio since its most recent financial disclosure on October 22, 2024: