Helius Medical Technologies, Inc. reported that over 2.2 million Tokens Solana (Sun) were incorporated into the digital treasury. This operation is part of a preliminary strategy in digital assets, raising its combined cash and cryptocurrency value to more than $525 million.
The entity, which is quoted in the NASDAQ index under the HSDT identifier and is rebranding as “Solana Company,” also maintains more than $15 million in cash that it will allocate to future Solana acquisitions.
I’m looking for a strategy Integrating the company as a “reference within the Solana ecosystem”, According to Joseph Chee, Executive President of HSDT and Summer Capital. He highlights institutional gains from Asia, especially after the recent digital asset conference. It strengthens the company’s position as one of the leading defenders of decentralized networks.
Cosmo Jiang, general partner of Pantera Capital and member of the HSDT Board of Trustees, said: This initiative follows the accumulation model implemented by Michael Thaler in Strategy Con Bitcoin (BTC) Y Tom Lee En Bitmine Immersion Con Ether (ETH).
After learning of the Sun’s acquisition announcement over 2 million people, Solana Company’s stock rose by 11%, going from an average of $17 to more than $19, as seen in the following graph.
Growth in corporate interest in SOL has surpassed HSDT. at the moment, The treasury of companies quoted in the stock market totals 17.8 million sunwhich equates to $4,120 million, as seen in the following graph.
That figure represents 3.10% of the network’s circulating supply, estimated at 539.13 million tokens. The number of corporate custody suns has increased by 408% since the beginning of Augustonly 3.5 million people were counted in protected areas.
Five of the total 18 companies traded on the stock market concentrate the majority of SOL’s public holdings. Forward Industries leads with 6.8 million suns.
