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Sol Strategies (STKE) reports C$1.2M in first-month revenue from HoudiniSwap

GuruFocus.com +1 ·

STKE
STKE Sol Strategies Inc
$1.67 -9.24%
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  1. 1Sol Strategies (STKE) discloses HoudiniSwap's first-month results and its selection as a staking provider for VanEck's ETF on its Q3 earnings call
  2. 2HoudiniSwap posts C$1.2M in revenue and C$685K in operating profit (60% margin), with Orangefin APY of 5.84% outperforming the network
  3. 3Quarterly EBITDA loss exceeds C$1.1M with over 80% of expenses non-cash; the market has yet to reward the effort

Source GuruFocus.com +1 · View original ↗

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