In March, Leah Wald’s SOL Strategies — Founded Post-Valkyrie — Bought 24,000 SOL

SOL Strategies Makes $3.37M SOL Play, Doubling Down on Validator Dominance

SOL Strategies (HODL), the Canadian blockchain firm led by ex-Valkyrie exec Leah Wald, ramped up its Solana commitment last month with a fresh purchase of 24,000 SOL tokens at an average price of C$199 (~$139.80 USD). The acquisition, totaling roughly $3.37 million, pushes the firm’s total holdings to 267,151 SOL—nearly all of which is actively staked across its validator infrastructure.

According to the company’s latest update, 265,295 SOL are now deployed across four validators under its control, reinforcing its role as a major staking provider on the Solana network. Despite market turbulence—with SOL down 27% in March and HODL shares off 25%—the firm continues to scale its presence aggressively.

Since President Trump took office, HODL stock has lost 67% of its value, while SOL has fallen 58%. But Wald and her team appear undeterred, using the downtrend as an opportunity to build.

In a strategic leap, SOL Strategies also closed a $24.5 million deal in March to acquire three key validator nodes, including one each from Laine and analytics platform Stakewiz. That move more than doubled the SOL staked on the firm’s infrastructure, from 1.66 million to over 3.35 million tokens.

While the company holds a modest 3.211 BTC, its focus remains laser-sharp on Solana and expanding across other PoS ecosystems like Sui (SUI), Monad (MONAD), and ARCH (ARCH). With validator capacity growing and token exposure deepening, SOL Strategies is clearly betting on a long-term rebound in decentralized infrastructure demand.

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