Former Valkyrie Chief Leah Wald’s Firm Snapped Up 24,000 SOL Last Month

SOL Strategies Doubles Down on Solana With Fresh 24K Token Buy and Validator Expansion

SOL Strategies (HODL), the Canadian firm building out key infrastructure on the Solana blockchain, made a bold move in March—snapping up 24,000 SOL tokens at an average price of C$199 (roughly $139.80 USD) each. That brings its total SOL holdings to 267,151, with nearly all of it—265,295 SOL—now staked across its own validator nodes.

The purchase, worth just over $3.3 million, came even as markets turned choppy. SOL dropped 27% in the month, and SOL Strategies’ stock followed suit, sliding 25%. Since President Trump returned to office, the company’s stock has plummeted 67%, while Solana itself is down 58%.

But that hasn’t slowed down CEO Leah Wald, former co-founder of Valkyrie Investments. Under her leadership, SOL Strategies is scaling aggressively—not just within the Solana ecosystem but also branching out to other PoS networks like Sui, Monad, and ARCH.

In March, the company shelled out $24.5 million to acquire three validator nodes, including one from Laine and another from analytics outfit Stakewiz. That deal more than doubled the total SOL staked through SOL Strategies’ validators—from 1.66 million to over 3.35 million.

Though the firm also holds a modest 3.211 BTC, its core focus remains firmly on Solana—and it’s making big infrastructure bets to prove it.