Helius Bets Big – 760K SOL Secured for Treasury
Helius Medical Technologies has taken a bold step into Web3, purchasing over 760,190 SOL worth $167 million as part of its new digital asset treasury strategy.
The move follows the company’s $1.25 billion financing round led by Pantera Capital and Summer Capital, giving Helius significant capital reserves to strategically expand its Solana exposure.
Key details:
760K SOL acquired at an average price of $231
$335M cash reserves remain for future digital asset purchases
Support from Solana ecosystem players, including staking providers and DeFi protocols
Despite this major accumulation, SOL fell over 6% on Monday, while HSDT shares declined nearly 30%. Analysts note Helius’ disciplined treasury strategy shows a focus on shareholder value and long-term Solana integration.
With Pantera’s Dan Morehead recently confirming $1.1B in SOL holdings, momentum around Solana’s ecosystem continues to attract institutional players.
