Sol Strategies Inc（STKE）のニュースとイベントSTKESol Strategies Inc

Nasdaq to Invest $100M in Payward

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the "Crypto Currents" weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio.NASDAQ TO INVEST $100M IN PAYWARD:Nasdaqannounced Thursdaythe parent company of Kraken, including an agreement by Nasdaq Ventures to invest $100M, the continued advancement of the companies' work on the Nasdaq Equity Token framework, and a new market surveillance agreement. Nasdaq is partnering with Payward to support the continued evolution of tokenized market infrastructure while maintaining an issuer-centric approach grounded in strong governance, regulatory compliance, and market integrity. Nasdaq and Payward will continue to advance the operational and commercial infrastructure supporting Nasdaq Equity Tokens with an expectation to launch NETs in 2Q27. Earlier this year, Nasdaq announced plans to develop NETs and introduced an accompanying framework designed to connect them with Payward's xStocks ecosystem. The next phase of the collaboration will advance the global distribution, trading and post-trade capabilities needed to support the broader adoption of tokenized equities. As part of the expanded relationship, Payward will also adopt Nasdaq's surveillance technology across its portfolio of trading venues, including crypto, equities, tokenized equities, futures and options."The next era of market evolution will be defined by how efficiently and seamlessly capital and assets move across the financial system with durable liquidity," said Tal Cohen, President of Nasdaq. "Expanding our relationship with Payward reflects our conviction that the company can play an important role in building the infrastructure that supports this evolution. This partnership advances our work on Nasdaq Equity Tokens and helps build a more connected financial system while preserving the trust, transparency and integrity that underpin capital formation."CIRCLE TO ACQUIRE TAZAPAY:Circle Internet Groupannounced Tuesday it had signeda Singapore-headquartered B2B cross-border payments infrastructure company focused on serving payment service providers and financial institutions. The deal is expected to close in 2027, subject to customary closing conditions and receipt of regulatory approvals, including approval from the Monetary Authority of Singapore. Tazapay brings over $25B of annualized payment volume, more than 60 banking and fintech partners, local payout rails covering over 100 markets, adding scale to Circle's payments infrastructure. Approximately 60% of Tazapay's transaction volume already includes stablecoins."Stablecoin settlement is becoming core infrastructure in the global economy, and combining USDC with Tazapay's world-class banking relationships, local payout rails, and institutional customer base will accelerate worldwide USDC adoption," said Jeremy Allaire, Circle CEO. "Tazapay has been a design partner for Circle Payments Network since 2025 and we share a deep alignment. We are excited to bring the team in-house and work together towards accelerating Circle's mission."Keefe Bruyette initiated coverage of Circle Internet with a Market Perform rating and $105 price target. Circle is well positioned to benefit from continued stablecoin adoption through USDC and its regulatory, ecosystem, and network advantages, while its larger payments and financial infrastructure opportunities offer significant but more speculative upside, the analyst said.Additionally, Clear Street said it views the deal as the "mirror image" of Mastercard's$1.8B BVNK acquisition in March. The deal roughly doubles the volume footprint of Circle's payments business at close, the analyst said. Clear views the $400M in stock deal price as "disciplined." It keeps a Buy rating on Circle Internet with a $107 price target.COINBASE, MOOV PARTNER FOR STABLECOIN PAYMENTS, CUSTODY:On Thursday, Coinbaseannounced it is, settlement, and real-time funding to Moov's growing customer base of more than 1,000 community banks and credit unions, combining Coinbase's regulated digital asset infrastructure with Moov's existing payments platform. Through this partnership, Moov is integrating Coinbase's stablecoin payments infrastructure into its existing payments platform, giving financial institutions a path to add stablecoin capabilities without building a separate crypto technology stack from scratch. Using CDP's Custodial Wallet accounts for fund custody and the Payments API to orchestrate stablecoin movement, Moov can embed crypto rails directly into its existing product."Community banks and credit unions have witnessed their customers use digital assets for years. Through our partnership with Moov, Coinbase is delivering the regulated infrastructure they need to offer these services directly embedded right into their existing systems. Modern tech should meet local institutions where they are, giving them the tools to compete with the largest players while preserving what makes them trusted pillars of their communities," said Ryan VanGrack, Vice Chair and Head of Corporate Affairs.The company also announced Wednesday it is rolling out a new way for customers in Brazil to earn more on the USDC they already hold by integrating Morpho. Users can deposit their USDC and put it to work onchain, where it accrues rewards until withdrawn with no lock-up required.Additionally on Wednesday, ION announced that Coinbase has selected ION's XTP for Event Contracts to support event contract clearing for Kalshi. Event Contracts is ION's latest extension to its flagship XTP solution, offering a fully automated, real-time platform for the creation, resolution, and settlement of event-based contracts.Goldman Sachs raised the firm's price target on Coinbase to $219 from $196 and kept a Buy rating on the shares.Meanwhile, Morgan Stanley initiated coverage of Coinbase with an Equal Weight rating and $250 price target. The company's scale, liquidity, regulatory infrastructure and product breadth position it to remain a central access and infrastructure provider as digital assets move further inside the regulated financial system, the analyst said. Morgan Stanley sees "meaningful strategic value" in Coinbase's positioning and believes the company is positioned to participate as crypto and traditional finance converge. However, the company's earnings profile remains highly cyclical, while incremental growth increasingly comes from businesses that are less proven, added the firm.CANTOR RAISES PRICE TARGETS ON CRYPTO NAMES:Cantor Fitzgerald raised the firm's price target on Bitmine Immersiontoand kept an Overweight rating on the shares. The price target increase reflects recent momentum in the crypto markets, the analyst said. While the firm is "mindful" of potentially choppy price action in the months ahead, the current bear-market drawdown will likely have bottomed by October 2026, Cantor said.The firm also raised its price target on Forward IndustriestoHyperliquid Strategiesto, Cypherpunk Technologiesto, DeFi DevelopmenttoHyperion DeFito, Metaplanetto, SharpLink GamingtoSol Strategiestoand SUI GrouptoThe analyst kept an Overweight rating on the names.Additionally, Bitmine announced Tuesday Bitmine crypto, total cash and marketable securities and "moonshots" holdings totaling $15.7B. As of September 7, the company's crypto holdings are comprised of 5,929,198 ETH at $2,495 per ETH, 211 BTC, $180M stake in Beast Industries, $91M stake in Eightco Holdingsand total cash & marketable securities of $593M.CANAAN REPORTS EARNINGS:On Tuesday, Canaan Inc.reportedwhich compared to analysts' consensus of loss per share of (15c) and revenue of $31.2M. The company also guided to Q3 revenue of $11M-$15M.Nangeng Zhang, CEO, commented, "Q2 2026 presented a difficult period for bitcoin mining, as renewed bitcoin price pressure, weaker mining economics, and seasonal power constraints weighed on equipment demand and profitability. Our team responded by staying close to customers, matching production to demand, and protecting liquidity. We generated $31.9M in total revenue with 2.5 EH/s of computing power sold during the second quarter. Our mining operations produced 243 bitcoins and continued to generate positive cash contribution before depreciation, supported by competitive power economics, while our digital asset treasury reached a record 1,915 BTC and 3,952 ETH at quarter-end. Beyond revenue generation, we kept our inventory lean, tightened spending and cash-flow management, and further streamlined our organization."BTIG lowered the firm's price target on Canaan to $2 from $3 and kept a Buy rating on the shares. The Q2 results were materially weaker than expected as declining BTC prices drove a sharp drop in mining-rig demand, sales volumes, and ASPs, while management's sharply lower Q3 revenue guidance signals continued pressure on the hardware business, the analyst said.Rosenblatt lowered the firm's price target on Canaan to 75c from $1.30 and kept a Buy rating on the shares. The firm said bitcoin market headwinds and ongoing repurposing of industry capacity toward high-performance compute colocation are weighing on demand for bitcoin mining rigs. As a result, Canaan's product revenue declined 70% quarter over quarter, the analyst said. However, Rosenblatt still sees meaningful operating leverage in Canaan's earnings model should bitcoin prices recover.OTHER CRYPTO NEWS:Strategymakesreports USD reserve of $5.1B as of September 7, price target raised to $179 from $175 at CanaccordStrivepurchasesas of September 4BVNK, Marqetapartner toMastercard launchesBitGoconnectsGalaxy Digitalreceiveslarge load interconnection processSecuritizeinitiatedH.C. Wainwright assumes Bit Digital, Mara HoldingswithTeraWulfinitiatedIrenSweetwater HubSoluna HoldingsenergizesAGM Groupentersto develop desktop nodeVisabringsGeminiprice target raisedU.S. BanklaunchesPowerComputeminesBTC Digitalannounceswith TianciCleanSparkreportsBlockapplies toCRYPTO STOCK PLAYS:Publicly traded companies in the space include Bit Digital, Coinbase, Core Scientific, Mara Holdings, Strategy, Riot Platformsand TeraWulf.PRICE ACTION:As of time of writing, bitcoin dropped roughly 2% this week to $77,469 in U.S. dollars, according to CoinDesk.

SOL Strategies Completes Acquisition of Darklake Labs Assets for $1.2M

SOL Strategies announced the closing of its acquisition of the assets of Darklake Labs. Darklake developed Zyga, a zero-knowledge proof system built natively for the Solana blockchain that enables private transaction execution while eliminating front-running and sandwich attacks at the point of execution. As of closing, the founders and core team of Darklake have joined SOL Strategies. The acquisition was completed for a purchase price of $1.2M, comprised of $200,000 in cash and 1,047,156 common shares of the Company, representing $1,000,000 priced at the five trading day volume-weighted average trading price of the common shares on the Canadian Securities Exchange during the period ending on the trading day prior to closing. The Consideration Shares are subject to a statutory four-month lock-up provision upon issuance.

Strategy Returns to Bitcoin Market at Average Price of $67,718

Digital asset strategies are dominating Monday's tape, with a wave of SEC filings, exchange uplistings, and infrastructure pivots hitting simultaneously as bitcoin climbs toward $70,000 on Iran ceasefire optimism. Strategyremains the gravitational center of the bitcointreasury universe, but a growing field of smaller public companies is executing its own accumulation and pivot plays, from etherconcentration to solanastaking infrastructure and quantum-resistant protocol development. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.STRATEGY RESUMES BITCOIN BUYS DESPITE $14.46B UNREALIZED LOSS:Strategy returned to the bitcoin market after a one-week pause,, at an average price of roughly $67,718 per coin.: a $14.46B unrealized loss on digital assets, a $2.42B deferred tax benefit, and a $1.73B valuation allowance established against deferred tax assets. These are disclosures that equity analysts are expected to scrutinize ahead of the formal 10-Q. Strategy's total holdings now stand at 766,970 BTC, carried at $51.65B on the balance sheet against an aggregate cost basis of $58.02B, representing an average of $75,644 per coin. The company's ATM machinery continues to operate at scale, with preferred stock series STRC generating $227.3M in net proceeds over just two days at the end of March, and new $21B capacity facilities announced March 23 providing material forward purchasing power.Strivealso disclosed a bitcoin treasury of 13,741 BTC as of April 2, alongside $86.9M in cash and $50.5M in Strategy's STRC preferred stock, according to its SEC filing. Separately, Empery Digital, while retaining 2,989 BTC in treasury.BITMINE APPROACHES 4% OF ALL ETHER SUPPLY AHEAD OF NYSE UPLISTING:Bitmine Immersion Technologies, approximately $10.2B at current prices, representing 3.98% of total ETH supply and putting the company within striking distance of its stated 5% "Alchemy" target achieved in roughly nine months of accumulation. Total combined crypto, cash, and "moonshot" holdings stand at $11.4B, including $864M in cash. The company also received board approval to uplist from NYSE American to the NYSE, effective April 9, a market-structure catalyst that widens the eligible institutional investor base. Theinstitutional backing from ARK's Cathie Wood, Pantera, Founders Fund, Kraken, DCG, and Galaxy Digital.KEEL INFRASTRUCTURE DEBUTS AS FORMER BITFARMS PIVOTS TO AI:Former bitcoin miner Bitfarms began trading today under the new ticker Keel Infrastructureon both the Nasdaq and Toronto Stock Exchange, following its completion of a U.S. domiciliation from Canada to Delaware on a 1:1 share exchange of 602.9M shares,. The company has exited bitcoin mining entirely and is pivoting toward a 2.2-gigawatt pipeline of high-performance computing and artificial intelligence data center infrastructure, part of a broader sector trend also visible in MARA Holdings, which sold 15,133 BTC for approximately $1.1B in March at a $72,689 average to fund a similar compute pivot, the largest single-month corporate bitcoin sale on record.BROADRIDGE AND GALAXY DIGITAL TAKE TOKENIZED EQUITY GOVERNANCE ON-CHAIN:Broadridge Financial Solutions, with the platform currently processing $8T per month in tokenized assets. Galaxy Digital will be the first public company to use the platform for shareholder voting at its May annual meeting, a structural first for institutional digital asset governance that could accelerate adoption across custody, brokerage, and transfer agency workflows. For equity investors, Broadridge's position as a backbone provider of shareholder communications and proxy services gives it a direct monetization path as tokenized equities scale.SOL STRATEGIES BUILDS INSTITUTIONAL VALIDATOR MOMENTUM FOR SOLANA:SOL Strategiestokens, with its Orangefin validator network at 3.81M SOL under delegation. Balance, described as Canada's largest digital asset custodian, integrated the Orangefin validator for its institutional custody clients, citing the validator's 100% uptime record as a key qualification criterion. The company also confirmed new CEO Michael Hubbard and named Steve Ehrlich, co-founder of now-defunct exchange Voyager Digital, as Chief Strategy Officer, bringing direct brokerage and exchange credentials to the firm's institutional push.STABLECOIN, REAL WORLD ASSETS, AND SHELL PIVOTS MULTIPLY ACROSS EXCHANGES:Stablecoin Development Corp., formerly the pharmaceutical company NovaBay, began trading under its new ticker on NYSE American following a full business-model pivot,, native to the Sky/Maker protocol, representing 9.15% of total supply, with approximately 35.3M additional SKY earned via staking rewards through March 31. OFA Groupseparatelyfor a Long Island City, New York mixed-use real estate project, with a $15M technology fee covering smart contract deployment and digital asset registry infrastructure through its Hearth RWA platform. SMXannounced the launch of its Digital Material Passport Platform, enabling blockchain-backed traceability for physical materials including plastics, gold, and rare earth elements across global supply chains,.ProCap Financialalsothe completion of its acquisition of CFO Silvia, an artificial intelligence agent laboratory for finance with over $30B in assets under management on its platform, positioning the Anthony Pompliano-founded firm at the intersection of bitcoin treasury strategy and agentic finance automation.QUANTUM SECURITY BECOMES A CAPITAL ALLOCATION THEME FOR BITCOIN:MicroCloud Hologram, employing hybrid post-quantum cryptographic methods including CRYSTALS-Dilithium and SPHINCS+, targeting a phased soft-fork deployment. The capital commitment is notable relative to the company's approximately $390M in reported cash reserves, suggesting near-total resource allocation to the initiative. BTQ Technologiestook a complementary but distinct stance,establishing the first end-to-end physical cost estimate for using quantum hardware to mine bitcoin, concluding that quantum mining is economically untenable, a finding that reinforces BTQ's focus on its post-quantum signature architecture rather than hash-based compute.PRICE ACTION:As of time of writing, bitcoin was trading at $69,715.17, while ether was trading at $2,162.79,.