Solana Company reports $3.4M Q3 revenue as staking business expands
MARKETScoinbrief/daily · 1 source
- Severity
- Info
- Sources
- 1
What happened
Solana Company reported $3.4 million in revenue for the quarter ended 30 September, against $697,000 a year earlier, mostly from staking. It held about 2.4 million SOL at quarter-end and earned 30,800 SOL in staking rewards, which it restaked. Its Pacific Backbone validator operation had about 1.3 million SOL delegated, roughly one million of it from third parties.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Check the company's next earnings report for fee income, delegation retention and cash expenses.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
NewsBTC