Buy the Dips 50M SOL, Ark holds 11.5% SLM shares

The SOL reserve strategy company Solmate, supported by ARK, announced that during the severe liquidation in the market a few days ago, it collaborated with the Solana Foundation to directly purchase $SOL worth 50 million from the ecosystem. ARK Invest holds approximately 11.5% of Solmate, and the market capitalization of SLMT has reached 900 million.

The SOL reserve strategy company Solmate supported by ARK

Brera Holdings was originally a sports holding company focused on multi-club operations, which transformed into a SOL reserve strategy company in September, having raised 300 million dollars through private placement (PIPE). This PIPE is sponsored by UAE technology and blockchain consulting company Pulsar Group, and has received support from traditional investment firms such as the Solana Foundation, RockawayX, and ARK Invest. Former Kraken General Counsel Marco Santori will serve as the CEO of Solmate.

The company has been renamed Solmate, and its stock code has been changed from BREA to SLMT.

(ARK increases investment in BREA, why is Solmate attracting Cathie Wood's attention? )

ARK holds 11.5% of Solmate shares

According to AR's Schedule 13G report as of September 30, 2025, it holds approximately 11.5% of the shares of Solmate. Previously, AR purchased a total of 6,500,001 shares in the oversubscribed PIPE financing round of Solmate Infrastructure, and subsequently acquired an additional 779,619 shares, totaling approximately 7.28 million shares.

ARK founder Cathie Wood also revealed in an interview that she is optimistic about Solana, and her important mentor Arthur Laffer has also joined the board of Solmate.

(Cathie Wood's 4 favorite cryptocurrencies, which assets has AR invested in again?)

Solmate buys 50 million USD worth of SOL at a discount.

Solmate announced yesterday (10/14) that during the severe liquidation in the market a few days ago, it collaborated with the Solana Foundation to purchase $50 million worth of $SOL directly from the ecosystem at a 15% discount to the market capitalization, significantly lowering the company's entry price.

Solmate market capitalization reached 930 million USD

Based on Ark holding 11.5% of the shares, the total number of Solmate shares is approximately 63.3 million. With yesterday's closing price of 14.69 USD, the market capitalization has reached 930 million USD.

The price of SLM shares has fallen by 70% from the $52 surge after the announcement of the transformation, but the cost for PIPE investors like ARK is around $4.5, which is still much lower than the current stock price.

Did ARK take profits by selling SLM in October?

According to the latest shareholding on the Ark Invest official website, Cathie Wood's Ark Invest ( Ark Invest ) holds a total of 6.89 million shares of SLM through three of its funds, detailed as follows:

ARKK: Buy 4,708,472 shares

ARKW: Buy 1,400,327 shares

ARKF: Buy 788,053 shares

This shareholding figure has also decreased somewhat from 7.28 million shares at the end of September, indicating that AR may have occasionally taken profits during this process?

This article Solmate buys 50 million SOL on dips, Ark holds 11.5% of SLMT shares first appeared on Chain News ABMedia.