According to SOL Strategies, daily validator rewards are reinvested to avoid shareholder dilution, expanding the treasury at below-market cost and supporting long-term growth.
SOL Strategies officially announced its treasury holds 400,909 SOL, with daily validator rewards being reinvested instead of issuing new shares, thereby avoiding shareholder dilution. The reinvestment strategy allows the treasury to expand holdings at lower cost than market purchases. The disclosure excluded JitoSOL holdings. Additionally, the company reported its validator staking wallets have recently exceeded 6,031, marking a new record.