Solana treasury company HSDT has completed a $15 million share offering priced at a 5% premium to net asset value, with the issuance accompanied by warrants. The firm currently ranks as the fourth-largest publicly listed Solana reserve holder, maintaining a position of approximately 2.3 million SOL valued at roughly $273.5 million. Proceeds from the capital raise will be deployed to acquire additional SOL tokens or repurchase company shares. This strategic allocation aims to further consolidate HSDT's position as a major institutional holder of the Solana ecosystem's native asset.