Nasdaq listing moves forward as sol strategies board approves stock consolidation

Toronto, ontario--(newsfile corp. - july 23, 2025) - sol strategies inc. (cse: hodl) (otcqb: cyfrf) (formerly, cypherpunk holdings inc, "sol strategies" or the "company"), a publicly traded canadian company dedicated to investing in and providing infrastructure for the solana blockchain ecosystem, today announces that the board has approved the proposed consolidation of the company's issued and outstanding common shares (the "common shares") on the basis of (1) new common share for every (8) eight existing common shares (the "consolidation"). each shareholder's percentage ownership in the company and proportionate voting power remains unchanged after the consolidation, except for minor changes and adjustments resulting from the treatment of any fractional common shares.
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