Solana Company (HSDT), a digital asset treasury firm supported by Pantera Capital, has accelerated the unlocking of shares for early investors in its $500 million PIPE round. This move comes as the company's stock price has plummeted nearly 60% from its peak. Originally sold in September at $6.881, these shares are now eligible for sale earlier than planned, as announced in a Monday press release. The stock fell to approximately $6.50, experiencing a 17% drop on Monday alone. Solana Company aims to 'rip off the band-aid' to eliminate short-term investors and build a base of long-term shareholders. Executive Chairman Joseph Chee highlighted the pressure from the resale registration statement as a factor in the decision. PIPE deals, which offer institutional investors discounted shares, have been common among digital asset treasury firms but can lead to significant stock price declines when registration statements become effective.