Overview
- The company disclosed holdings of more than 2.3 million SOL as of October 29, an increase of roughly 1 million tokens since its October 6 update.
- It reported an average gross staking yield of 7.03% APY, claiming outperformance of the top-ten validator benchmark by 36 basis points.
- Executives attributed the yield to staking through leading validator partners rather than passive delegation.
- A separate report said the firm added about 100,000 SOL this month, roughly a $20 million purchase that helped push its total past 2.3 million.
- Coverage places the move within broader institutional activity on Solana, including stablecoin issuance by major payment firms.