Solana Company adds $20 million in SOL, touts 7% yield as institutional staking funds hit the market

Nasdaq-listed Solana Company (HSDT), formerly Helius Medical Technologies, expanded its Solana treasury by adding approximately 100,000 SOL, valued at about $20 million, bringing its total holdings to over 2.3 million tokens. The firm is also reporting an average staking yield exceeding 7%, slightly higher than the top-ten validator average of 6.7%. This activity occurs as institutional interest in Solana grows, marked by the recent launch of Grayscale's Solana Trust ETF (GSOL) and Bitwise's Solana ETF, despite a U.S. government shutdown. Other public companies, like Forward Industries (FORD) and Solmate Infrastructure (SLMT), are also aggressively increasing their SOL balance sheets, contributing to public companies holding roughly 16 million SOL, valued at about $3.2 billion, up significantly since the start of 2025.

(Source：The Block)