Company Overview - VisionSys AI (VSA) shares have significantly declined by 40% in a single day, trading at $2.05, with a low of $1.26 earlier in the day, despite being up over 200% year-to-date [1] - The company aims to create a treasury holding up to $2 billion in Solana cryptocurrency [1] Treasury Strategy - VSA's subsidiary, Medintel Technology Inc, has partnered exclusively with Marinade Finance to execute its treasury strategy [2] - The initial goal is to acquire and stake $500 million in Solana within the next six months, with a long-term aim of reaching a $2 billion treasury [3] Financial Position - As of December 31, 2024, VSA reported consolidated cash and cash equivalents of only $15 million, raising questions about how it will fund the Solana purchases [4] - If successful in acquiring $500 million in Solana, VSA would rank among the top five largest publicly traded Solana treasuries [4] Market Context - Marinade Finance, the strategic partner, operates a Solana staking delegation platform with over 10.4 million SOL, valued at approximately $2.2 billion in delegated assets [5] - Marinade Finance's MNDE token has seen a 13% increase in the last 24 hours, now trading above a $79 million market cap [5]