Helius Medical Technologies, Inc. (NASDAQ:HSDT) has announced its initial acquisition of Solana (SOL) tokens, amassing over 760,190 SOL as part of its digital asset arbitrage strategy. The company acquired these tokens at an average cost of $231 each. Helius, which holds more than $335 million in cash, intends to leverage these funds to expand its digital asset initiatives.
In a strategic move, Helius has partnered with Pantera Capital and others, securing over $500 million in financing to establish a SOL treasury company. This development marks a significant step in Helius's commitment to integrating digital assets into its financial strategy.
Helius Acquires Over 760,000 SOL Tokens in Digital Asset Strategy
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