On March 17, 2025, Sol Strategies completed the acquisition of Laine and Stakewiz.com, aiming to solidify its position in the Solana ecosystem. Michael Hubbard was appointed Chief Strategy Officer to lead strategic initiatives, further enhancing the company’s operational capacity.
As of March 15, 2025, Sol Strategies’ staked SOL reached 3,351,617 SOL, reflecting a significant increase. The acquisition terms included $3.5 million in cash and shares, showcasing a strategic investment directed towards strengthening their validator infrastructure.