Solana Company Executive Chairman’s Message: October 20th, 2025

Core Insights - Solana Company is entering a new phase with a strong capital base and increased accessibility for investors [1] - The company has chosen to proceed with the registration for resale of shares from a recent private placement, positioning itself for long-term success despite market volatility [2][4] Market Strategy - The effective resale registration statement positions HSDT as one of the largest market cap Solana digital asset treasuries, appealing to institutional investors [4] - The company aims to reach market equilibrium now rather than delay, believing this will establish a foundation of committed long-term shareholders [4][5] Investment Conviction - HSDT is committed to maximizing shareholder value, with the potential for investors to acquire Solana at a price below its net asset value [5] - The company plans to generate a yield of over 7% through institutional-grade staking, which is not accessible to individual investors [6] Differentiation and Growth - HSDT aims to differentiate itself by acquiring more Solana per share than individual investors can achieve, leveraging disciplined capital allocation [7] - The company aspires to build a strong balance sheet and a clear strategy, similar to Berkshire Hathaway, to compound shareholder value [8] Long-term Vision - The company is focused on long-term growth and is inviting investors to join in its strategy, emphasizing an offensive approach rather than a defensive one [9]