Solana News Update: DevvStream Invests in SOL Despite $11.8M Deficit, Shows Strong Confidence in Sustainable Blockchain Prospects

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Bitget-RWA2025/11/11 05:28

By:Bitget-RWA

- DevvStream Corp. (DEVS) disclosed holding 12,185 SOL and 22.229 BTC, staking SOL for 6.29% annualized yield amid a $11.8M fiscal 2025 loss. - The company launched a digital asset treasury via BitGo/FRNT Financial, securing $10M liquidity from a $300M convertible note facility. - Plans include a 2026 tokenization platform for carbon credits and Solana staking, aligning with its de-SPAC/Nasdaq listing strategy. - Despite crypto market outflows, DevvStream's staked SOL attracted inflows, contrasting broader

Canadian-listed company

DevvStream

Corp. (DEVS) has revealed a notable digital asset reserve, which includes roughly 12,185

Solana

(SOL) tokens and 22.229

Bitcoin

(BTC) as of November 11, 2025, as detailed in its 2025 financial statement

Canadian publicly traded company DevvStream holds 12,185 SOL, with a BTC holding of around 22 coins

. The company has committed all of its

SOL

tokens to staking, earning an annualized return of 6.29%

DevvStream reports $11.8 million loss, launches digital asset treasury

. This update follows a reported net loss of $11.8 million for the fiscal year ending July 31, 2025, which the company attributes to higher costs related to being a public entity and professional services after joining Nasdaq

DevvStream reports $11.8 million loss, launches digital asset treasury

. In spite of these losses, DevvStream maintained $9.73 million in cash and restricted cash, and drew down $10 million from a $300 million convertible note agreement with Helena

DevvStream reports $11.8 million loss, launches digital asset treasury

The company’s digital asset treasury, which is securely held at BitGo and developed in partnership with FRNT Financial, is part of a larger initiative to use blockchain in environmental markets

DevvStream reports $11.8 million loss, launches digital asset treasury

. CEO Sunny Trinh noted that the focus for fiscal 2025 was on laying the groundwork for future expansion, including the U.S. listing, securing long-term funding, and integrating sustainability markets with digital transparency

DevvStream reports $11.8 million loss, launches digital asset treasury

. DevvStream is preparing to introduce a tokenization platform in 2026, aiming to generate revenue from carbon credits and Solana staking, and to grow its business by digitizing environmental assets

Canadian publicly traded company DevvStream holds 12,185 SOL, with a BTC holding of around 22 coins

This strategic direction is in line with the company’s recent de-SPAC process and Nasdaq debut, establishing it as a public company focused on monetizing carbon and renewable energy assets

DevvStream Reports Fiscal Year 2025 Results and Advances Digital-Asset and Tokenization Strategy

. DevvStream also plans to acquire DevvE tokens to further promote transparency in environmental markets

DevvStream Reports Fiscal Year 2025 Results and Advances Digital-Asset and Tokenization Strategy

. For fiscal 2026, the company anticipates increased revenue from carbon credit sales, I-REC brokering, and staking returns

DevvStream reports $11.8 million loss, launches digital asset treasury

. Acquisitions are identified as a major factor for future growth

DevvStream reports $11.8 million loss, launches digital asset treasury

Although the cryptocurrency sector saw significant outflows last week, with

Bitcoin

and

Ethereum

leading the withdrawals

Crypto funds bleed $1.17b in sustained U.S.-led exodus

, DevvStream’s Solana assets stood out by attracting new investments. The company’s staked SOL, which yields 6.29%, is a contrast to the broader market’s cautious approach amid U.S. economic uncertainty

Crypto funds bleed $1.17b in sustained U.S.-led exodus

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/11/13 08:58

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Bitget-RWA•2025/11/13 08:42

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Bitget-RWA•2025/11/13 08:42