Welcome to our dedicated page for Solana news (Ticker: HSDT), a resource for investors and traders seeking the latest updates and insights on Solana stock.
Solana Company reports developments as a Nasdaq-listed company with a digital asset treasury dedicated to acquiring and holding Solana tokens (SOL) and a legacy neurotechnology medical-device business. News commonly covers SOL accumulation, staking rewards, NAV-per-share capital strategy, ATM and registered-direct equity financing, share repurchases, and financial results shaped by digital-asset fair value changes.
Company updates also describe institutional Solana infrastructure initiatives in Asia-Pacific, including validator and staking infrastructure, qualified-custody borrowing against natively staked SOL, and ecosystem partnerships with organizations such as Jito Foundation, Anchorage Digital, and Kamino.
Solana Company (NASDAQ:HSDT) reported first quarter 2026 revenue of $3.6 million, mainly from $3.4 million in SOL staking rewards, versus $49,000 a year earlier. Gross profit reached $3.4 million. However, large non-cash losses on digital assets drove a reported net loss of $99.8 million, or $1.30 per share.
Cash was $4.4 million and total digital assets and related exposure at fair value were $193.8 million. The company repurchased about $3.5 million of shares and advanced its Pacific Backbone validator initiative through new partnerships.
Solana Company (NASDAQ:HSDT) will release its first quarter 2026 operating results on Friday, May 15, 2026, after market close. Management will host a conference call and webcast at 4:30 p.m. Eastern Time to discuss results and provide a business update.
The webcast will be available live and later archived in the News & Events section of the company’s investor relations website.
Jito Foundation and Solana Company (NASDAQ: HSDT) announced a strategic partnership on May 6, 2026 to expand institutional Solana infrastructure across the Asia-Pacific region. The collaboration targets deployment of high-performance validators on Solana Company’s Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea.
The alliance will run the Jito Block Assembly Marketplace (BAM) on those validators, co-develop institutional staking and yield solutions built around JitoSOL, and coordinate APAC go-to-market activities, research, and educational initiatives aimed at asset managers and regulated financial entities.
Solana Company (NASDAQ: HSDT) announced a registered direct offering of 3,076,922 Class A common shares at $2.60 per share, led by Mirae Asset with participation from Hashkey Capital. Aggregate proceeds are expected to be approximately $8.0 million (net ~$7.9 million/b).The company also granted purchasers a put option allowing repurchase at a price that yields a 7.0% annual IRR upon specified future events. Net proceeds are intended for accumulating SOL, working capital, corporate purposes, business expansion, and strategic initiatives. A final prospectus supplement will be filed with the SEC.
Solana Company (NASDAQ: HSDT) appointed Madelene Gani as Chief Operating Officer and Deputy Chief Financial Officer, effective April 6, 2026. Gani brings over 25 years of finance and operations experience and a track record including Hedera, Aptos, Gemini, and JUUL Labs.
The hire targets institutionalizing operations, expanding yield and revenue generation, and accelerating global infrastructure and treasury initiatives as the company moves from planning to active execution.
Solana Company (NASDAQ: HSDT) reported Q4 and full-year 2025 results on March 30, 2026, following launch of a digital asset treasury (DAT) in September 2025. Q4 revenue was $5.2M driven by $5.1M staking rewards; full-year revenue was $6.0M with $5.5M staking rewards. The company recognized large non-cash digital asset impairments and derivative valuation gains, reported a 2025 net loss of $40.9M, held $7.3M cash and $293.7M digital assets at year-end, raised $29.9M from ATM programs in 2025, and repurchased $3.4M of common stock in 2026 to date.
Solana Company (NASDAQ: HSDT) will release its fourth quarter and full year 2025 operating results on Monday, March 30, 2026 after market close.
Management will host a conference call and live webcast at 4:30 p.m. Eastern Time; the webcast will be archived under the company’s News & Events investor relations page.
Solana Company (NASDAQ: HSDT) announced the Pacific Backbone, a low-latency infrastructure buildout focused on Asia Pacific with initial connectivity among Seoul, Tokyo, Singapore, and Hong Kong. Deployment starts immediately, with performance optimization and new technologies by 2H 2026 and liquidity-related products planned within 12–18 months.
The roadmap targets market makers, HFTs, exchanges and institutional partners, emphasizes staking and validation, and highlights Solana network metrics: ~3,500 tps, ~3.7M daily active wallets, and ~7% native staking yield.
Solana Company (NASDAQ: HSDT), Anchorage Digital, and Kamino launched a tri-party custody model enabling institutions to borrow against natively staked SOL while keeping assets in qualified custody. The structure allows institutions to earn ~7% native staking yield and access 24/7 on-chain liquidity with automated collateral management.
The model keeps collateral in segregated accounts at Anchorage Digital Bank, uses Atlas for rules-based LTV oversight and liquidations, and is presented as a repeatable blueprint for institutional participation in Solana lending markets.
Solana Company (NASDAQ: HSDT) reported Q3 2025 results for the quarter ended September 30, 2025. Key corporate actions include a $508 million PIPE closed Sept 18, 2025 with Pantera and Summer, issuance of cash-exercise warrants enabling a potential $750 million incremental raise, an ATM program, and an approved $100 million stock repurchase program.
Q3 financials: Revenue $697,000 (including $342,000 staking rewards); Operating expenses $36.0M; Unrealized digital asset loss $30.5M; Net loss $352.8M (loss per share $32.89). Cash was $124M and digital assets fair value $350.2M for combined liquidity of $474.2M. Outstanding common shares and pre-funded warrants totaled 75.9M.