what's Solana Company (NASDAQ: HSDT)?
Solana Company, trading as HSDT on NASDAQ, operates as a digital asset treasury vehicle centered on the Solana blockchain. It holds substantial SOL reserves as its primary asset, engaging in staking and ecosystem participation to generate yield. Backed by institutional investors like Pantera Capital, the company issues stapled warrants and pursues expansions to deepen its Solana exposure. The firm collaborates with validators such as Helius and Anchorage Digital for secure, compliant staking operations. It also tokenizes its shares through regulated platforms like Superstate's Opening Bell, enabling on-chain accessibility, 24/7 trading, and real-time settlement while preserving SEC-registered status and investor protections.
hsdt plans to tokenize shares on Superstate's Opening Bell platform.
Links
x.com/solana_companyPartnered with Kamino and Anchorage for institutional collateral management using natively staked SOL, enabling onchain borrowing without moving assets out of custody.
The company plans to tokenize its shares on Superstate's Opening Bell platform.
HSDT purchased 1 million SOL over the last 2 weeks.
HSDT is actively accumulating more Solana per share for holders, with the first month showing positive operational performance.
Bitwise launches the first Solana staking ETF in the US, with HSDT confirming Bitwise as a partner in the development.
Solana ETFs are coming to market, opening distribution to new investors, with HSDT positioned as an active alternative to passive BSOL exposure.
SOL is now available on Fidelity's Digital Assets platform, with Fidelity publishing a research report on Solana.
The $500M PIPE round unlock date was accelerated, enabling early investors to sell ahead of the original schedule. Price dropped 60% in three days to $6.50, now below the $6.881 September PIPE issue price.
HSDT plummeted 40% after SOL dropped over 5%, slashing DAT value by $75M. Company holds 2.2M SOL valued at $413M.
Media interview with Wilfred Frost discusses HSDT as a DAT alongside bitcoin and blockchain adoption in equity markets.
Daily trading volume reported as less than $10M, indicating lower market activity compared to other Solana-based projects.
Venture investors at Pantera Capital reference the project while discussing Solana's developer growth advantage over Ethereum across 1-, 2-, and 3-year periods.