Which Public Companies Hold The Most Solana (Sol)?

1. Upexi, Inc. has emerged as the largest publicly traded company holding 1,900,000 Solana (SOL) tokens, accumulated at an average cost of $168.63 per token. Their holdings, now worth $319.5 million, are down $0.9 million.

2. DeFi Developments Corp (DeFi Dev.) is the second largest holder, with 1,182,685 SOL, accumulated at an average price of $137.07. The company’s Solana treasury, valued at $198.9 million, reflects an unrealized gain of approximately $36.8 million.

1. SOL Strategies, a Toronto-based investment firm, holds 392,667 SOL purchased at an average price of $158.12, worth $66.0 million today, and is up by $3.9 million in unrealized gains. 

4. Torrent Capital, while holding a relatively smaller position of 40,039 SOL, is in a slight profit. Acquired at an average price of $161.84, its current value stands at $6.7 million, a gain of approximately $0.2 million.

Together, these four companies now control over 3.5 million SOL, worth more than $591.1 million. This represents nearly 0.65% of the circulating supply and about 0.58% of the total supply. The data highlights a growing trend of Solana exposure among public firms.