According to PANews, Helius Medical Technologies, Inc. (NASDAQ: HSDT) has announced its initial acquisition of Solana (SOL) tokens as part of its digital asset strategy. The company currently holds over 760,190 SOL tokens, with an average cost basis of $231 per token. In addition to its cryptocurrency holdings, Helius possesses more than $335 million in cash, which is earmarked for further advancement of its digital asset strategy.

Previously, it was reported that Helius collaborated with Pantera Capital and others to raise over $500 million, aiming to launch a SOL treasury company.