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) announced that its Board approved an open-ended $100 million stock repurchase program to acquire outstanding common stock in the open market and in negotiated transactions. As of Nov 4, 2025, total common shares and shares underlying warrants outstanding were 84,130,257. Management said buybacks may be used when repurchasing shares is expected to maximize SOL per share. The release directs investors to the company website for the latest chairman note and corporate presentation and includes customary forward-looking statements and risk disclosures about liquidity and other factors.
Solana Company (NASDAQ: HSDT) applied on Nov 4, 2025 to the British Columbia Securities Commission and the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in nine Canadian jurisdictions.
If granted, Solana will no longer be required to file financial statements and continuous disclosure documents under Canadian securities laws, though it will continue filings under U.S. securities law and Nasdaq rules. The company voluntarily delisted from the Toronto Stock Exchange on Sept 9, 2021 and has remained a Canadian reporting issuer since.
Solana Company (NASDAQ: HSDT) on November 3, 2025 released an Investor Update and elected Cosmo Jiang, General Partner at Pantera Capital, to its Board. The update highlights Solana network adoption with 23 billion transactions year-to-date, 2.3 million active wallets, leadership in Layer 1 DEX trading volume and asset issuance market share, and a stablecoin market cap of over $14.5B supported by integrations with PayPal, Stripe, and Western Union. Solana Company reiterates its DAT objective to maximize SOL per share via disciplined accumulation, ecosystem advocacy, and institutional-grade staking while positioning itself as a large Solana-focused treasury.
Solana Company (NASDAQ: HSDT) updated its digital-asset treasury as of Oct. 29, 2025, reporting collective holdings of over 2.3 million SOL (an increase of roughly 0.1 million SOL since Oct. 6) and in excess of $15 million in cash and stablecoins. For October through Oct. 27 the company reported a gross staking yield of 7.03% APY, outperforming the stake-weighted top-10 validator average of 6.67% APY by ~36 basis points. Holdings are primarily staked via institutional validators with rewards automatically restaked to compound returns. The release reiterates forward-looking risks tied to SOL market performance and other factors.
Solana Company (NASDAQ: HSDT) updated its Solana (SOL) and cash holdings as of Oct. 29, 2025 and disclosed staking performance. The company and subsidiaries hold over 2.3 million SOL, an increase of roughly 1 million SOL since the Oct. 6 update, and hold in excess of $15 million in cash and stablecoins for its digital asset strategy.
For October through Oct. 27 the company reported a gross staking yield of 7.03% APY, about 36 basis points higher than the 6.67% stake-weighted average of the top 10 validators; rewards are automatically restaked to compound returns.
Solana Company (NASDAQ: HSDT) announced on October 23, 2025 that it entered into agreements with Helius and Twinstake for non-custodial staking services and is staking SOL directly from qualified custody at Anchorage Digital Bank. The providers will deliver staking, voting and reporting services to support HSDT’s digital asset treasury strategy.
Key metrics cited: Helius stakes over 13 million SOL, Solana processes ~3,500 TPS with ~3.7 million daily active wallets and ~23 billion year-to-date transactions. SOL offers an approximate native staking yield of ~7%.
Solana Company (NASDAQ: HSDT) published a letter from the Executive Chairman dated October 20, 2025 announcing the company proceeded with a resale registration for shares sold in a recent private placement rather than delaying it. The company says the registration will increase liquidity and make HSDT one of the largest effective-market-cap Solana digital-asset treasury (DAT) vehicles, positioning it for institutional investors.
The letter reiterates plans to accumulate SOL, target an institutional staking yield of 7%+, deploy capital during market dislocations, and use capital markets to acquire additional Solana.
Solana Company (NASDAQ:HSDT) announced on October 10, 2025 that it has selected BitGo to serve as custodian for the company’s holdings of SOL, the native token of the Solana Network.
The move supports HSDT’s digital asset treasury strategy as it builds its SOL position and seeks institutional-grade custody, staking infrastructure, and security practices. Company leaders and partners emphasized alignment with institutional standards and operational scalability. BitGo highlighted custody and staking services and an expanded relationship with Pantera.
The release also noted Solana network activity metrics: >3,500 transactions per second, ~3.7 million daily active wallets, and >23 billion year-to-date transactions.
Solana Company (NASDAQ:HSDT) announced on October 10, 2025 that it has entered into agreements with Coinbase, BitGo, and Anchorage Digital to serve as custodians as it builds a SOL-focused digital-assets treasury. The company said this custody framework supports its strategy to amass and securely hold SOL while pursuing institutional security and transparency.
The release highlights Solana network metrics (about 3,500 transactions per second, ~3.7 million daily active wallets, and over 23 billion year-to-date transactions) and notes SOL offers an approximate 7% native staking yield. The company reiterated forward-looking risks including SOL price volatility and regulatory uncertainty.
Solana Company (NASDAQ:HSDT) announced continued accumulation of Solana (SOL) tokens as part of its digital asset treasury strategy. The company now holds over 2.2 million SOL and in excess of $15 million cash. Valued at $232.50 per SOL as of Oct 6, 2025 12:00AM ET, HSDT's combined SOL and cash holdings exceed $525 million, surpassing gross proceeds from its initial private placement that closed on September 18, 2025 in under three weeks.
The release highlights Solana network metrics cited by the company: ~3,500 transactions per second, ~3.7 million daily active wallets, and > 23 billion transactions year-to-date. SOL staking yield is noted at ~7%. The company states it will continue neurotech and medical device development alongside long-term SOL custody.