v3.25.4
STAKING AND VALIDATING INCOME
12 Months Ended
Sep. 30, 2025
STAKING AND VALIDATING INCOME.  
STAKING AND VALIDATING INCOME

17.STAKING AND VALIDATING INCOME

During the year ended September 30, 2024, the Company initiated SOL staking and validating operations which were enhanced by the acquisitions of the Cogent Assets, OrangeFin and Laine assets during the year ended September 30, 2025 (see note 5).

The staking and validating results for the year ended September 30, 2025 and 2024 are as follows:

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Year ending September 30,

  ​ ​ ​

2025

  ​ ​ ​

2024

​

 

Expressed

 

Expressed in

 

Expressed

 

Expressed in

​

 

in Solana

 

Canadian Dollars

 

in Solana

 

Canadian Dollars

Validator operations

 

  ​

 

​

  ​

 

  ​

 

​

  ​

Validator rewards, paid in Solana

 

23,635

​

$

5,684,833

 

—

​

$

—

Validator rewards received in other cryptocurrencies(1)

 

—

​

 

388,311

 

—

​

 

—

Validator income, paid in fiat

 

—

​

 

—

 

—

​

 

—

Validator fees, paid in Solana

 

(312)

​

 

(69,132)

 

—

​

 

—

Validator fees, paid in fiat

 

—

​

 

(575,315)

 

—

​

 

(16,231)

​

 

23,323

​

 

5,428,696

 

—

​

 

(16,231)

Staking rewards (Solana)

 

19,651

​

 

4,803,686

 

1,430

​

 

287,476

Total staking and validating income

 

42,974

​

$

10,232,382

 

1,430

​

$

271,245

(1)85,190 SUI tokens