đ¨ Big news in the crypto + stock world!
Helius Medical Technologies just pulled off a massive $500M raise to build up a Solana treasury đŞ. Right after the announcement, their stock price went wildâshooting up more than 141% in a single day đ.
This deal was led by Pantera Capital and Summer Capital, with support from other big names like Animoca Brands, Arrington Capital, FalconX, and more. The raise was oversubscribed, showing how much confidence investors have in Solanaâs future đ.
For context, Solana itself has been on a tear latelyâtrading around $233, nearly 60% higher over the past three months. A recent poll even showed that 90% of investors think SOL is heading toward $250 instead of dipping back down.
Helius shares closed at $18.27 on Monday, bouncing back from losses earlier this year. And theyâre not the only ones stacking SOLâother Nasdaq-traded companies like Forward Industries, Sharps Technology, DeFi Development Corp, Upexi, and even Classover have been loading up on Solana, building billion-dollar treasuries.
Itâs clear the Solana wave isnât slowing down anytime soon đâ¨
đĽ Do you think SOL will cross $250 soon?
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