Mr. Doug Harris reports

SOL STRATEGIES REDUCES DEBT THROUGH ACTIVE TREASURY MANAGEMENT

Sol Strategies Inc. has settled approximately $5.75-million of debt through the sale of 65,001 SOL at an average price of $87.88 per SOL.

The decision reflects a deliberate approach to capital and risk management during a period of market volatility. Sol Strategies manages its balance sheet actively in service of its operating business.

"Today's announcement reflects a decision to reduce debt and further clean up our balance sheet to assist us to fully focus on the operating businesses. With an improved balance sheet, a week into owning Houdini Swap and other ongoing product developments, the priority remains the solana economy," said Michael Hubbard, chief executive officer of Sol Strategies. "As a transactional business, we believe Houdini Swap is well positioned to take advantage of any volume increases resulting from the current high volatility."

Houdini Swap has processed over $2.7-billion (U.S.) in cumulative swap volume since launch and generated approximately $13-million (U.S.) in revenue in 2025. Continued investment in the platform and its integration remains a priority for the company.

About Sol Strategies Inc.

Sol Strategies is a digital asset infrastructure company focused on high performance blockchain and privacy technologies. Headquartered in Toronto, the company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual SOL holders to institutional clients.

We seek Safe Harbor.