- Solana Company expands its treasury with over 2.2 million SOL tokens, surpassing $525 million in value following recent strategic acquisitions.
- The company’s Solana accumulation plan reflects its long-term commitment to blockchain growth, mirroring strategies of major digital asset treasuries.
- HSDT’s stock gains nearly 190% after revealing its Solana-focused treasury initiative, supported by growing institutional and global investor interest.
Solana Company (NASDAQ:HSDT), formerly known as Helius, has expanded its Solana ($SOL) holdings to more than 2.2 million tokens, valued at approximately $525 million, as part of its ongoing digital asset treasury strategy.
Expanding Treasury Strategy and Strengthening Solana Commitment
The company confirmed that it continues to accumulate Solana tokens to strengthen its digital asset position. With SOL priced at $232.50 as of October 6, HSDT’s total Solana and cash reserves now exceed the amount of gross proceeds from its private placement offering that closed on September 18. The firm also maintains more than $15 million in cash, allocated to support its treasury growth plan.
Management at HSDT stressed that the purchases would solidify a long-term commitment to the Solana blockchain ecosystem. The aim of the company is to align its treasury strategy to both growth and operational efficiency that will come with the acceleration of the network. Solana Company intends to remain an active participant in supporting tokenized network development while balancing its existing neurotech and medical device operations.
Cosmo Jiang, General Partner at Pantera Capital and Board Observer at HSDT, said, “Following in the footsteps of Michael Saylor at MSTR and Tom Lee at BMNR, HSDT Solana Company is focused on maximizing shareholder value by efficiently accumulating Solana. As evidence of that focus on efficient accumulation, HSDT’s Solana and cash holdings now exceed the initial capital raise amount in less than three weeks.”
Institutional Interest and Global Investor Engagement
Solana Company’s evolving investment narrative has drawn heightened attention from institutional investors. Executive Chairman Joseph Chee noted that the company is seeing notable interest from Asia following recent digital asset conferences, signaling broader institutional recognition. “HSDT Solana Company’s investment narrative is resonating with institutional investors,” Chee said. “We are encouraged by the strong interest coming out of Asia after the major digital assets conferences last week, and we look forward to continuing to be a leading advocate for the Solana ecosystem to a whole new set of investors.”
Chee added that HSDT’s position as a publicly listed Solana-focused firm provides traditional investors with structured exposure to blockchain assets. The company’s approach blends treasury accumulation with corporate transparency, bridging traditional financial systems with the digital asset economy.
This global engagement supports the company’s broader vision of positioning itself as a long-term advocate for Solana’s growth. Investor response to the firm’s recent treasury disclosures and strategic expansion continues to reinforce its presence in the digital asset landscape.
Solana Network Growth and Market Performance
Solana has continued to be one of the most efficient and fastest expanding blockchain networks in the world. It processes over 3,500 transactions per second and has recorded approximately 3.7 million daily active wallets. Year to date, more than 23 billion transactions have been executed on the network, underscoring strong adoption.
The Solana ecosystem also benefits from financial productivity, offering an estimated 7% native staking yield, unlike non-yield-bearing assets such as Bitcoin. This yield structure has made SOL an attractive choice for companies like HSDT, which view blockchain-based assets as long-term treasury instruments.
According to Yahoo! Finance, HSDT’s stock traded near $17.38 with a daily gain of 7%. Since the announcement of its Solana-focused treasury initiative, the company’s shares have surged nearly 190%. Meanwhile, Solana (SOL) trades at $230.34, with a 10.79% weekly increase and a 1.28% 24-hour decline, supported by a trading volume of more than $7.7 billion.
Through its ongoing strategy, Solana Company continues to establish itself as a leading corporate holder of SOL and a key participant in advancing the Solana ecosystem’s growth.
