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Michael Saylor's Strategy (NASDAQ: MSTR) has been the inspiration behind many companies picking up a crypto treasury model.
One such firm was Brera Holdings. Founded in 2022, it began as an owner of small football clubs across Italy, North Macedonia, Mozambique, and Mongolia.
After its public debut in 2023, it joined the hundreds of firms racing to stockpile crypto tokens in imitation of Michael Saylor's Strategy, which surged after pivoting to bitcoin accumulation in 2020.
Abu Dhabi-based Pulsar Group in September 2025 sponsored a $300 million private placement to convert Nasdaq-listed Brera Holdings into a solana treasury, with backing from Cathie Wood's ARK Invest, the Solana Foundation and crypto venture firm RockawayX. It was rebranded as Solmate (SLMT).
Then, in October 2025, Ark took 11.5% stake in the company.
2 months ago

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