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Stock impact report

Solana Firm SOL Strategies Hits the Nasdaq: 'Being Underestimated Is an Advantage', Says CEO [Yahoo! Finance]

Sol Strategies Inc. - Common Shares (STKE) 
Company Research Source: Yahoo! Finance
increasingly crowded market of publicly traded crypto businesses and digital asset treasuries—but it doesn't mind. Shares in the Canadian-based venture went live for trading on the Nasdaq Exchange on Tuesday, increasing its exposure to investors beyond the Canadian Stock Exchange and OTC markets where it previously traded. Though shares finished the trading day up 7.5% to $7.37 on Friday, they ended the week down 43% from the debut. “I do see us as an underdog,” SOL Strategies CEO Leah Wald told Decrypt. “We are a tiny technology company out there in a sea of technology companies.” Wald, who became the firm's CEO in July 2024 after years of working in the crypto industry, said she appreciates the opportunity to take the fight to larger and better established firms in the space. "Being underestimated is absolutely an advantage. It gives us room to execute and focus on building without the distractions that come with being overhyped," she said. “In crypto, being underestimated Show less Read more
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