Solmate makes direct purchase of $50M of Solana

Brera Holdings announced the direct purchase of $50M of $SOL from the Solana (SOL-USD) Foundation. The purchase was made at a 15% discount to an already historically low market price during the worst liquidation event in crypto history. Purchased pursuant to a strategic agreement between the Company and the Solana Foundation, this deeply-discounted $SOL significantly lowers the entry price for the Company’s treasury. The purchase will be used to power the Company’s Solana infrastructure and cements its role as a critical part of the UAE’s digital transformation agenda. The purchase comes as part of Solmate (SLMT) Infrastructure’s commitment to operate under the Solana Foundation’s “Solana By Design” program, and to grant the Solana Foundation the right to nominate up to two directors to Solmate Infrastructure’s Board. The Solana Foundation negotiated for the right to these nominations, further cementing its commitment to the Company. Simultaneously, Cathie Wood of Ark Invest has disclosed an approximately 11.5% stake in Solmate Infrastructure, based on a Schedule 13G report as of September 30, 2025. Ark previously purchased an aggregate of 6,500,001 shares in the Company’s oversubscribed PIPE financing round, marking the first-ever investment by a regulated American ETF into a crypto infrastructure PIPE. Ark has now disclosed subsequent purchases of an aggregate of 779,619 additional shares.