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SOL Strategies Posts $2.83 Million in Preliminary Fourth-Quarter Revenue

HoudiniSwap processed about $231 million in swaps during its first full quarter within the company and generated about $2.41 million in fees.

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Water transfers between two glass vessels through a brass channel / TokenPost.ai
Water transfers between two glass vessels through a brass channel / TokenPost.ai

SOL Strategies posted preliminary, unaudited revenue of about $2.83 million for its fourth fiscal quarter, while HoudiniSwap processed about $231 million in swaps during its first full quarter within the company.

The $231 million figure measures transaction volume, not fees earned. HoudiniSwap generated about $2.41 million in swap fees on that activity. The company's revenue figure covers the fiscal quarter, while the platform's volume and fees describe its first complete quarter after it was included in SOL Strategies.

HoudiniSwap's September swap volume was 37% higher than in June. That comparison tracks activity between those two monthly readings, while the $231 million total covers transactions over the full quarter.

SOL Strategies is a Solana treasury company. The preliminary update puts its revenue alongside transaction activity and fee generation from a platform included in its business.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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