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Solana Company Accumulates $525M in SOL Treasury as Stock Surges 190%

Retrieved on: 2025-10-06 19:04:30

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Solana Company Accumulates $525M in SOL Treasury as Stock Surges 190%. View article details on hiswai:

Summary

José Rafael Peña Gholam reports on Solana Company's aggressive SOL accumulation strategy and the broader trend of corporate Solana treasuries.

Solana Company (NASDAQ: HSDT) has amassed over 2.2 million SOL tokens worth approximately $525 million as part of its digital asset treasury program. The company plans to stake these holdings for an estimated 7% native yield, differentiating from non-yielding Bitcoin positions. Following the treasury announcement, HSDT stock surged nearly 190%, demonstrating strong market confidence in the strategy.

  • Over nine public companies across three countries now collectively hold more than 13 million SOL in their treasuries
  • HSDT's combined SOL and cash holdings exceed $525 million, surpassing their initial capital raise in just three weeks
  • Major firms including Galaxy Digital and Multicoin Capital plan to raise $1 billion for Solana-focused treasury acquisitions
  • Solana's network processes over 3,500 transactions per second with 3.7 million daily active wallets, supporting the investment thesis

Article found on: www.coinspeaker.com

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