MarketPR
One month of Houdini swap fees already outpaced a full quarter of staking and validation income at SOL Strategies ($STKE), a result that is in focus as the company heads into its September quarter, the first period with three full months of the cross-chain aggregator inside consolidated results.
The Houdini acquisition closed June 1. The numbers 3Q FY26, ending June 30, produced C$1.79 million of operating revenue, down 41% from C$3.04 million a year earlier.
Houdini contributed C$1.17 million from a single month of ownership, roughly 65% of the quarter's total. Combined staking and validation income fell to C$622,000 from C$3.04 million in the prior-year quarter.
On a token basis, gross validator rewards dropped to 2,531 SOL from 8,789 SOL year over year; staking rewards declined to 4,295 SOL from 6,271 SOL. Houdini's June EBITDA came to C$768,000, implying a 66% margin.
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