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SOL Strategies Set To List On Nasdaq Sept. 9, Could Increase Exposure To Solana (SOL) Ahead Of Alpenglow Upgrade

source-logo  en.coinotag.com 05 September 2025 22:08, UTC
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SOL Strategies is listing on the Nasdaq Global Select Market on Sept. 9 under the ticker STKE, moving trading off the OTCQB while retaining its Canadian Securities Exchange listing to boost liquidity, deepen capital access, and support expanded Solana staking and validator operations.
  • Nasdaq debut on Sept. 9 under ticker STKE — improved liquidity and U.S. market access.

  • Company retains Canadian Securities Exchange trading while exiting the OTCQB venture market.

  • Raised $500 million in April via convertible notes to acquire SOL; Q2 net loss was ~$3.5 million.

SOL Strategies Nasdaq listing: SOL Strategies lists on Nasdaq Sept. 9 under STKE, boosting liquidity and access for investors. Read how this affects Solana staking and market reach — learn more.

In an official notice, SOL Strategies said it will begin listing common shares on the Nasdaq Global Select Market starting on Sept. 9 under the ticker symbol STKE.

The Nasdaq listing will end the company’s shares trading on the over-the-counter venture market OTCQB, while the company will maintain trading activity on the Canadian Securities Exchange.

What is the SOL Strategies Nasdaq listing?

SOL Strategies Nasdaq listing refers to the company beginning to trade on the Nasdaq Global Select Market on Sept. 9 under STKE. The move shifts U.S.-facing trading from OTCQB to Nasdaq to improve liquidity and access to deeper capital markets for its Solana-focused operations.

How will the Nasdaq listing affect liquidity and capital access?

The Nasdaq listing is intended to increase share liquidity and broaden investor participation. SOL Strategies reported a ~20% surge in its Canadian Securities Exchange share price (ticker HODL) on the Nasdaq announcement, signaling immediate market interest.

The company previously raised $500 million in convertible notes in April to acquire Solana (SOL) tokens. Management cites the listing as a mechanism to support scaling validator operations and expanding ecosystem investments.

When does trading move off OTCQB and what remains unchanged?

Trading on the OTCQB will cease when Nasdaq trading begins on Sept. 9. The company will continue to trade on the Canadian Securities Exchange, keeping Canadian market access intact while adding Nasdaq’s deeper U.S. investor base.

Trading venue comparison
Venue Ticker Status Primary benefit
Nasdaq Global Select Market STKE Starts Sept. 9 Higher liquidity and institutional visibility
OTCQB HODL (U.S. OTC) Ceasing after Nasdaq listing Lower visibility; replaced by Nasdaq
Canadian Securities Exchange HODL Continues trading Canadian investor access

What are the recent financials and token holdings?

SOL Strategies disclosed a second-quarter 2025 net loss of about $3.5 million. The company raised $500 million in convertible notes in April to purchase SOL tokens and to build its treasury and validator capabilities.

Separately, other market players continue to accumulate SOL. DeFi Development Corp announced a purchase of SOL tokens worth $39.76 million

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