📊 Public Companies Are Quietly Loading Up on Solana
Solana is gaining serious traction with publicly traded firms — and the numbers tell the story.
Upexi, Inc. takes the crown as the largest corporate $SOL holder with 1.9M tokens bought at an average $168.63. Now valued at $319.5M, the position is down just $0.9M from cost.
DeFi Developments Corp follows closely, holding 1.18M $SOL at $137.07 average. Current value? $198.9M, locking in an unrealized $36.8M gain.
$SOL Strategies in Toronto owns 392,667 SOL, bought at $158.12. With today’s valuation at $66M, they’re up $3.9M.
Torrent Capital holds a smaller 40,039 SOL at $161.84, worth $6.7M — a modest $0.2M gain.
Total Impact:
These four firms collectively control 3.5M+ #SOL worth $591.1M, representing roughly 0.65% of circulating supply. The data points to a clear trend — institutional interest in Solana is heating up.
