Eighteen companies have collectively amassed 20.921 million Solana (SOL) tokens, representing 3.64% of the total supply, with 12.468 million SOL staked at an average return of 7.7%. Forward Industries has partnered with Superstate to tokenize its stock on Solana and submitted a $4 billion ATM plan to the SEC. Sol Strategies raised $25 million to expand its SOL treasury, while Sharps Technology partnered with BONK to stake SOL, raising over $400 million. DeFi Development repurchased $14.6 million worth of SOL and launched a domain service. Upexi secured $100 million to build a Solana treasury, and Brera Holdings rebranded as Solmate, raising $300 million. Other notable moves include Mercurity Fintech's $200 million equity credit facility with Solana Ventures and Helius Medical's $500 million SOL treasury establishment. BIT Mining expanded its SOL holdings, and DeFi Technologies launched a Bitcoin staking ETP. Neptune Digital Assets and MemeStrategy also advanced their Solana treasury strategies.
18 Companies Bolster Solana Treasuries with Strategic Moves
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