| STAKING AND VALIDATING INCOME |
16.STAKING AND VALIDATING INCOME The staking and validating results for the three months ended December 31, 2025 and 2024 are as follows: | | | | | | | | | | | Three months ending December 31, | | 2025 | | 2024 | | | Expressed | | Expressed in | | Expressed | | Expressed in | | | in Solana | | Canadian Dollars | | in Solana | | Canadian Dollars | Validator operations | | | | | | | | | | | Validator rewards, paid in Solana | | 2,486 | | $ | 545,932 | | 2,008 | | $ | 591,983 | Validator rewards received in other cryptocurrencies(1) | | — | | | 68,156 | | — | | | — | Validator fees, paid in Solana | | — | | | — | | (164) | | | 12,697 | Validator fees, paid in fiat | | — | | | (143,550) | | — | | | (58,828) | | | 2,486 | | | 470,537 | | 1,844 | | | 520,458 | Staking rewards (Solana) | | 7,301 | | | 1,631,080 | | 2,597 | | | 724,391 | Total staking and validating income | | 9,787 | | $ | 2,101,617 | | 4,441 | | $ | 1,244,849 |
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