STKE
Sol Strategies Inc.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Buy
+44/100
Last price
1.86
▲ 0.15 (8.68%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
1.71
Prev close
1.71
Day high
1.87
Day low
1.75
Volume
1.05M
Market cap
$73.08M
P/E (TTM)
—
52W range
0.85 – 4.47
Day trading desk
Gap from prior close
-0.00%
Prior close 1.71
VWAP
1.84
+1.18% from price
Relative volume
7.76×
Unusually busy
Session range
10.00%
1.70 – 1.87
Position in range
93%
Near session high
ATR (14D)
0.19
10.32% of price
Prior day high
1.83
PDH
Prior day low
1.68
PDL
Bid / ask spread
—
Quote not published
Session volume
2.09M
Avg 269.77K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+15.00%
+13.1%
1M
+48.39%
+47.2%
3M
+31.43%
+26.9%
6M
+106.74%
+88.6%
YTD
+20.26%
+6.0%
1Y
-56.71%
-73.1%
3Y
+253.85%
+171.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
11 more panels on STKE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
9.26M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 2, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 20.00K | $35.14K | Direct |
| Oct 1, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $82.20K | Direct |
| Oct 1, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $82.30K | Direct |
| Oct 1, 26 | Berruga Simarro (Luis) Director of Issuer |
— | 3.79K | — | Direct |
| Sep 25, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 25.00K | $41.30K | Direct |
| Sep 22, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $80.35K | Direct |
| Sep 22, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $80.35K | Direct |
| Sep 21, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $75.95K | Direct |
| Sep 21, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 50.00K | $75.90K | Direct |
| Sep 8, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 30.00K | $37.38K | Direct |
| Sep 8, 26 | Guoga (Antanas) 10% Security Holder of Issuer |
BUY | 30.00K | $37.47K | Direct |
| Sep 2, 26 | Ehrlich (Stephen) Senior Officer of Issuer |
BUY | 1.00K | $824 | Direct |
| Sep 1, 26 | Ehrlich (Stephen) Senior Officer of Issuer |
BUY | 1.00K | $849 | Direct |
| Aug 26, 26 | Ehrlich (Stephen) Senior Officer of Issuer |
BUY | 800 | $960 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Berruga Simarro (Luis) |
Director of Issuer | 46.41K | Exercise of rights |
Chadda, Ungad |
Director of Issuer | 43.89K | Compensation for services |
Ehrlich (Stephen) |
Senior Officer of Issuer | 12.41K | Acquisition or disposition in the public market |
Guoga (Antanas) |
10% Security Holder of Issuer | 6.60M | Acquisition or disposition in the public market |
Harris, Douglas Andrew |
Senior Officer of Issuer | 220.36K | Conversion or exchange |
Ho (Rubsun) |
Director of Issuer | 6.67K | Conversion or exchange |
Hubbard (Michael) |
Director of Issuer | 1.29M | Exercise of rights |
Kaplan (Max) |
Senior Officer of Issuer | 663.51K | Exercise of rights |
Matonis (Jon) |
Director of Issuer | 237.37K | Exercise of rights |
Mcdonald (Andrew Bruce Frew) |
Senior Officer of Issuer | 13.16K | Exercise of rights |
Fundamentals
Market cap$73.08M
Enterprise value$125.68M
Revenue (TTM)$12.79M
Gross profit$12.79M
EBITDA$-5.92M
Net income$-144.61M
EPS (TTM)$-3.88
Free cash flow$3.24M
Total cash$1.87M
Total debt$54.89M
Book value / share$0.62
Shares outstanding39.72M
Float31.01M
Short % of float0.66%
Dividend yield0.00%
Beta (5Y)1.34
Valuation & profitability ratios
Trailing P/E—
Forward P/E63.45
PEG ratio—
Price / sales—
Price / book2.95
EV / revenue9.83
EV / EBITDA-21.24
Gross margin100.00%
Operating margin-224.19%
Profit margin0.00%
Return on equity-212.98%
Return on assets-7.72%
Debt / equity163.05
Current ratio0.08
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $14.40M | $7.92M | $0 | $0 | +81.8% |
| Operating revenue | $14.40M | $7.92M | $0 | $0 | +81.8% |
| Selling, general & admin | $14.44M | $2.50M | $1.39M | $2.58M | +478.2% |
| Total operating expense | $28.45M | $2.53M | $1.46M | $2.84M | +1,024.7% |
| Operating income | -$14.05M | $5.39M | -$1.46M | -$2.84M | -360.7% |
| Net interest income | -$3.20M | $0 | — | — | — |
| Pre-tax income | -$44.81M | $8.19M | -$6.31M | $793.20K | -647.0% |
| Tax provision | -$9.78M | $1.58M | -$26.94K | $434.74K | -717.1% |
| Net income | -$35.04M | $6.61M | -$6.28M | $358.46K | -630.2% |
| Net income to common | -$35.04M | $6.61M | -$6.28M | $358.46K | -630.2% |
| Basic EPS | -1.74 | 0.35 | -0.32 | 0.02 | -597.1% |
| Diluted EPS | -1.74 | 0.35 | -0.32 | 0.02 | -597.1% |
| EBIT | -$41.61M | $8.19M | -$1.46M | -$2.84M | -608.0% |
| EBITDA | -$31.38M | $8.22M | -$1.39M | -$2.58M | -481.6% |
| Basic shares | 20.09M | 18.65M | 19.51M | 20.01M | +7.7% |
| Diluted shares | 20.09M | 18.75M | 19.51M | 20.01M | +7.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.79M | $1.81M | $1.93M | $18.54M | -1.3% |
| Cash & short-term investments | $1.79M | $1.81M | $1.93M | $18.60M | -1.3% |
| Accounts receivable | $11.98K | $6.75K | — | — | +77.4% |
| Total current assets | $3.55M | $1.81M | $2.04M | $18.74M | +95.8% |
| Property, plant & equipment | $20.32K | $0 | — | — | — |
| Goodwill & intangibles | $38.81M | $0 | $0 | $675.29K | — |
| Total assets | $169.60M | $28.90M | $17.05M | $23.89M | +486.8% |
| Total current liabilities | $32.96M | $1.78M | $226.48K | $308.29K | +1,751.0% |
| Current debt | $30.64M | — | — | — | — |
| Long-term debt | $21.27M | — | — | — | — |
| Total debt | $51.91M | — | — | — | — |
| Total liabilities | $54.82M | $2.18M | $226.48K | $308.29K | +2,414.5% |
| Retained earnings | -$47.14M | -$10.37M | -$18.51M | -$12.23M | -354.5% |
| Shareholder equity | $114.78M | $26.72M | $16.83M | $23.58M | +329.5% |
| Working capital | -$29.41M | $34.19K | $1.82M | $18.44M | -86,118.1% |
| Net tangible assets | $75.97M | $26.72M | $16.83M | $22.91M | +184.3% |
| Shares issued | 23.00M | 18.27M | 19.01M | 20.01M | +25.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$35.04M | $6.61M | -$6.28M | $358.46K | -630.2% |
| Depreciation & amortisation | $10.23M | $31.64K | $70.89K | $255.55K | +32,236.1% |
| Stock-based compensation | $7.86M | $1.32M | $430.94K | $1.35M | +495.2% |
| Change in working capital | -$1.22M | $1.74M | $8.69K | $32.28K | -170.4% |
| Operating cash flow | -$11.00M | -$856.73K | -$1.13M | $211 | -1,184.3% |
| Capital expenditure | -$7.75M | — | -$8.12M | -$1.79M | — |
| Investing cash flow | -$73.20M | $1.51M | -$14.77M | $18.84M | -4,962.0% |
| Share buybacks | $0 | -$938.92K | -$707.76K | $0 | +100.0% |
| Financing cash flow | $84.18M | -$767.96K | -$707.76K | -$1.18M | +11,061.0% |
| Free cash flow | -$18.76M | -$856.73K | -$1.13M | -$1.79M | -2,089.3% |
| End cash position | $1.79M | $1.81M | $1.93M | $18.54M | -1.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $1.79M | -$14.48M | -$3.93M | $3.68M | $3.07M | — | +112.4% |
| Operating revenue | $1.79M | -$14.48M | -$3.93M | $3.68M | $3.07M | — | +112.4% |
| Selling, general & admin | $3.99M | $3.35M | $3.96M | $5.05M | $3.38M | — | +18.9% |
| Total operating expense | $6.04M | $62.73M | $6.87M | $9.44M | $7.58M | — | -90.4% |
| Operating income | -$4.26M | -$77.20M | -$10.79M | -$5.77M | -$4.51M | — | +94.5% |
| Net interest income | -$850.38K | -$545.58K | -$1.16M | -$1.54M | -$840.79K | — | -55.9% |
| Pre-tax income | -$17.63M | -$89.88M | -$11.85M | -$35.08M | -$8.13M | — | +80.4% |
| Tax provision | $0 | $0 | $0 | -$9.83M | $49.35K | — | — |
| Net income | -$17.63M | -$89.88M | -$11.85M | -$25.26M | -$8.18M | — | +80.4% |
| Net income to common | -$17.63M | -$89.88M | -$11.85M | -$25.26M | -$8.18M | — | +80.4% |
| Basic EPS | -0.49 | -2.47 | -0.43 | — | -0.40 | -0.26 | +80.2% |
| Diluted EPS | -0.49 | -2.47 | -0.43 | — | -0.40 | -0.26 | +80.2% |
| EBIT | -$16.78M | -$89.33M | -$10.69M | -$33.54M | -$7.29M | — | +81.2% |
| EBITDA | -$14.97M | -$86.98M | -$8.29M | -$29.91M | -$3.29M | — | +82.8% |
| Basic shares | 35.86M | 36.34M | 27.67M | — | 20.60M | 18.89M | -1.3% |
| Diluted shares | 35.86M | 36.34M | 27.67M | — | 20.60M | 18.89M | -1.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.87M | $367.53K | $222.47K | $1.79M | $3.16M | +407.9% |
| Cash & short-term investments | $1.87M | $367.53K | $222.47K | $1.79M | $3.16M | +407.9% |
| Accounts receivable | $11.98K | $11.98K | $11.98K | $11.98K | $12.48K | 0.0% |
| Total current assets | $3.14M | $2.75M | $2.98M | $3.55M | $3.35M | +14.2% |
| Property, plant & equipment | $0 | $13.41K | $16.83K | $20.32K | $17.63K | -100.0% |
| Goodwill & intangibles | $44.80M | $21.95M | $36.41M | $38.81M | $69.98M | +104.1% |
| Total assets | $96.70M | $85.86M | $132.09M | $169.60M | $164.28M | +12.6% |
| Total current liabilities | $37.33M | $23.02M | $29.80M | $32.96M | $43.62M | +62.2% |
| Current debt | $32.38M | $21.26M | $27.95M | $30.64M | $39.75M | +52.3% |
| Long-term debt | $22.51M | $22.09M | $21.88M | $21.27M | $11.21M | +1.9% |
| Total debt | $54.89M | $43.34M | $49.83M | $51.91M | $50.96M | +26.6% |
| Total liabilities | $63.04M | $45.11M | $52.27M | $54.82M | $63.54M | +39.7% |
| Retained earnings | -$159.28M | -$141.65M | -$58.99M | -$47.14M | -$20.15M | -12.4% |
| Shareholder equity | $33.66M | $40.75M | $79.82M | $114.78M | $100.74M | -17.4% |
| Working capital | -$34.20M | -$20.28M | -$26.83M | -$29.41M | -$40.27M | -68.7% |
| Net tangible assets | -$11.14M | $18.80M | $43.40M | $75.97M | $30.76M | -159.3% |
| Shares issued | 39.24M | 33.23M | 28.59M | 23.00M | 21.72M | +18.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | -$17.63M | -$89.88M | -$11.85M | -$25.26M | -$8.18M | — | +80.4% |
| Depreciation & amortisation | $1.81M | $2.35M | $2.40M | $3.64M | $4.00M | — | -23.0% |
| Stock-based compensation | $1.30M | $919.45K | $1.28M | $2.17M | $1.84M | — | +41.6% |
| Change in working capital | $5.17M | $290.76K | -$1.45M | -$937.97K | -$711.34K | — | +1,677.7% |
| Operating cash flow | -$394.81K | -$1.82M | -$5.58M | -$2.95M | -$5.38M | — | +78.4% |
| Capital expenditure | — | — | — | — | — | -$42.25M | — |
| Investing cash flow | -$2.37M | $1.15M | -$22.73M | $1.25M | $41.03M | — | -306.3% |
| Share buybacks | — | — | — | $0 | $0 | — | — |
| Financing cash flow | $4.26M | $822.62K | $26.75M | $312.90K | -$34.19M | — | +418.0% |
| Free cash flow | -$733.39K | -$1.82M | -$5.58M | -$2.95M | $63.44M | — | +59.8% |
| End cash position | $1.87M | $367.53K | $222.47K | $1.79M | $3.16M | — | +407.9% |
Options analytics
Put / call volume
0.12
Call-heavy session
Put / call open interest
0.04
Positioning, not flow
Max pain
1.00
-45.7% from spot
ATM implied vol
132.8%
Nearest strike to spot
Skew (10% OTM)
+117.2%
Puts bid over calls
Call volume
185
Contracts, this expiry
Put volume
22
Contracts, this expiry
Heaviest call OI
3.00
352 contracts
Heaviest put OI
2.00
28 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.11 | -0.14 | -34.1% |
| Mar 2026 | -0.15 | -0.42 | -177.7% |
| Dec 2025 | -0.20 | -0.31 | -55.1% |
| Sep 2025 | -0.15 | — | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.02 | 1 | $4.90M | +28.5% |
| Next quarter | -0.01 | 1 | $5.60M | +236.0% |
| Current year | -2.49 | 1 | -$12.00M | -182.4% |
| Next year | 0.03 | 1 | $26.90M | +324.2% |
Analyst targets & ownership
Mean target$6.20
High target$6.20
Low target$6.20
Implied upside233.60%
Analyst count1
ConsensusNONE
Strong buy / Buy0 / 1
Hold0
Sell / Strong sell0 / 0
Held by insiders23.46%
Held by institutions3.76%
Institutions holding32
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.65
+12.57% from price
SMA 20
1.44
+27.69% from price
SMA 50
1.26
+46.40% from price
SMA 100
1.30
+42.51% from price
SMA 200
1.41
+30.96% from price
EMA 12
1.61
+15.24% from price
EMA 26
1.46
+26.87% from price
EMA 50
1.36
+36.37% from price
RSI (14)
71.7
Overbought
MACD (12,26,9)
0.15
Hist 0.03
ATR (14)
0.19
10.42% of price
Realised vol 30D
115.1%
Annualised
Bollinger upper
1.95
20, 2σ
Bollinger lower
0.93
20, 2σ
50 / 200 cross
Death
1.26 vs 1.41
Trend bias
Above 200
+30.96%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
3.27
More volatile than market
Correlation to SPY
0.37
Loosely linked
Realised vol 30D
115.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-80.0%
Peak to trough
Max drawdown 5Y
-97.4%
Peak to trough
ATR 14
0.19
10.42% of price
Beta (reported)
1.34
5Y monthly, from filing
Short interest
Shares short
255.57K
Prior 236.77K
Change vs prior
+7.9%
Shorts adding
% of float
0.66%
Normal
% of shares out
0.64%
Against total outstanding
Days to cover
0.9
Liquid
Float
31.01M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 10, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Jul 1, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateNov 18, 2016
Next pay date—
Last split1:8
Split dateAug 5, 2025
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-22
Corporate Changes & Voting Matters
6-K · 2026-09-15
Offering Registrations
S-8 · 2026-09-04
Corporate Changes & Voting Matters
6-K · 2026-08-18
Corporate Changes & Voting Matters
6-K · 2026-08-17
Corporate Changes & Voting Matters
6-K · 2026-07-27
Corporate Changes & Voting Matters
6-K · 2026-07-16
Corporate Changes & Voting Matters
6-K · 2026-07-02
Headlines
SOL Strategies Evolving Into Broader Blockchain Platform – Quarterly Update Report
Exec Edge · 47d ago
SOL Strategies Evolving Into Broader Blockchain Platform – Downloadable Quarterly Update Report
Exec Edge · 47d ago
Sol Strategies Inc (STKE) (Q3 2026) Earnings Call Highlights: Strategic Expansion and ...
GuruFocus.com · 48d ago
Sol Strategies Inc. Common Shares Q3 2026 Earnings Call Summary
Moby · 51d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.