Overview
- Helius disclosed it acquired 760,190 SOL at an average cost of about $231 per token and retained more than $335 million in cash for additional purchases.
- The company said Solana will be its principal treasury asset and it aims to scale the program toward roughly $500 million.
- Management plans to stake SOL and selectively use DeFi to generate on‑chain yield, citing roughly 7% native staking rewards.
- HSDT fell 33.6% during Monday’s regular session, then rose about 8.6% after hours following the disclosure of the initial SOL purchase.
- The move places Helius among the larger public‑company SOL holders, following earlier, larger buys by firms such as Forward Industries.