Overview

• Helius Medical Technologies announced an oversubscribed $500 million raise co-led by Pantera and Summer Capital to build a Solana-backed treasury, with $750 million in warrants that could lift the vehicle to roughly $1.25 billion.
• Pantera promoted a listed digital asset treasury that offers brokerage investors direct exposure to SOL while automating staking to capture native yield in the absence of a U.S. spot ETF.
• Morehead reaffirmed his view that Bitcoin could approach $750,000 within four to five years, citing its still small share of global wealth.
• He advanced a consolidation thesis in which a single-digit number of base-layer networks endure, assigning Bitcoin the role of digital gold, Ethereum as the programmable settlement layer, and Solana as a high-throughput chain.
• Fundstrat’s Tom Lee predicted that prospective Fed rate cuts could drive large moves in Bitcoin and Ethereum, with Bitcoin trading near $115,319 at the time of reporting.