Globenewswire·2025-10-29 16:20Core Insights - Solana Company (NASDAQ: HSDT) announced an update on its Solana (SOL) token and cash holdings, reflecting a disciplined digital asset treasury strategy aimed at maximizing SOL per share [1][2] Group 1: Holdings and Financials - As of October 29, the Company holds over 2.3 million SOL, an increase of approximately 0.1 million since the last update on October 6 [3] - The Company and its subsidiaries also hold over $15 million in cash and stablecoins, intended to support its digital asset strategy [3] Group 2: Staking Performance - For October through October 27, the average gross staking yield was 7.03% APY, outperforming the stake-weighted average of the top 10 validators by approximately 36 basis points [4] - The staking yield allows for consistent daily on-chain revenue generation while maintaining liquidity and custody of the underlying assets [4] Group 3: Strategic Insights - The Company has increased its SOL holdings by roughly 5% in less than a month, with a gross staking yield exceeding 7% [5] - Institutional engagement with Solana Company has accelerated due to key network milestones and ecosystem developments, focusing on transparency and growth [5] Group 4: Company Overview - Solana Company, in partnership with Pantera Capital and Summer Capital, serves as a dedicated vehicle for institutional participation in the Solana ecosystem, integrating capital markets access and on-chain management [6][10] - The objective is to maximize SOL per share through strategic capital allocation and long-term alignment with the Solana network's success [5][10]