Overview

• Helius disclosed it acquired 760,190 SOL at an average price of $231, valuing the initial position at roughly $167–$168 million.
• The company said it holds more than $335 million in cash to continue building its Solana-focused treasury.
• Management outlined plans to scale SOL holdings and evaluate staking and DeFi opportunities under a conservative risk framework.
• The move follows an approximately $500 million PIPE led by Pantera Capital and Summer Capital to fund the strategy.
• Shares fell sharply during Monday’s regular session before rising about 8% after hours, according to Benzinga.