According to BlockBeats, SOL Strategies has announced that Leah Wald, the company's director and CEO, will resign from her director position immediately and step down as CEO effective October 1, 2025. The company has appointed Michael Hubbard, the current Chief Strategy Officer and director, as the interim CEO.

Wald joined SOL Strategies in July 2024 and played a key role in advancing the company's Solana strategy. Prior to her tenure at SOL Strategies, she served as the CEO of Valkyrie Investments, where she was instrumental in launching the first Nasdaq-listed Bitcoin futures exchange-traded fund (ETF).