logo

Publicly traded company Solana Company disclosed its additional $20 million SOL holdings

By: theblockbeats.news|2025/10/30 00:15:54

BlockBeats News, October 30th, Nasdaq-listed company Solana Company (stock code HSDT, formerly known as Helius Medical Technologies) continued to increase its Solana (SOL) holdings this month, according to an announcement on Wednesday. The company added approximately 100,000 SOL, worth around $20 million, bringing its total SOL holdings to over 2.3 million tokens. The company also disclosed that its staking yield averages over 7%, slightly higher than the average level of around 6.7% for the top ten validators.


Despite significant appreciation in on-chain assets, HSDT's stock price has plummeted by over 50% in the past month. According to Google Finance data, on Wednesday, its trading price was close to $6.75, a sharp decline from the high of over $14 at the beginning of October.

Affected by the uncertain impact of the Fed rate cut expectations, the crypto market is seeking support to the downside.
Bitwise's Solana ETF Sees Over $70 Million in Trading Volume on Second Day

You may also like

Share
copy

Gainers

Latest Crypto News

00:45

The SEC Chairman will deliver a speech tonight at the NYSE, outlining the future vision of the U.S. capital markets

00:45

U.S. FDIC Acting Chair to Propose Stablecoin Regulation Framework in December

00:45

Cryptocurrency Fear and Greed Index Drops to 23, Market Still in "Extreme Fear" State

00:45

Grayscale to Launch First Chainlink Spot ETF

00:15

Kalshi is partnering with Solana to move its prediction market on-chain.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]