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Solana Company, a NASDAQ-listed Company, Discloses Holding $20 Million Worth of SOL Tokens
Summary: According to The Block, Solana Company (NASDAQ: HSDT, formerly known as Helius Medical Technologies), a NASDAQ-listed company, has been continuously increasing its holdings of Solana (SOL) reserves this month. The company added approximately 100,000 SOL tokens, worth around $20 million, bringing its total SOL holdings to over 2.3 million tokens. The company also disclosed that ...
According to The Block, Solana Company (NASDAQ: HSDT, formerly known as Helius Medical Technologies), a NASDAQ-listed company, has been continuously increasing its holdings of Solana (SOL) reserves this month. The company added approximately 100,000 SOL tokens, 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 of around 6.7% for the top ten validators. Despite the significant appreciation of on-chain assets, HSDT's stock price has dropped by over 50% in the past month. According to Google Finance data, on Wednesday, its trading price was close to $6.75, a significant decline from the high point of over $14 in early October.
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Link: Solana Company, a NASDAQ-listed Company, Discloses Holding $20 Million Worth of SOL Tokens [Copy]
