Helius Medical Technologies, Inc. reported that more than 2.2 million Tokens Solana (Sun) have been incorporated into the Digital Treasury Department. The operation is part of a reserve strategy in digital assets, increasing the total value of its cash and cryptocurrency to more than $525 million.
The entity, cited in the NASDAQ index under the HSDT identifier and rebranding the “Solana Company,” also maintains more than $15 million in cash allocated to future Solana acquisitions.
I’m looking for a strategy The company is integrated as a “reference within the Solana Ecosystem”; According to Joseph Chee, executive president of HSDT and Summer Capital. He highlights the institutional benefits from Asia, particularly after the recent conference on digital assets. It strengthens the company’s position as one of the key defenders of its distributed network.
Cosmo Jiang, a general partner at Pantera Capital and a member of the HSDT Council, This initiative follows the accumulation model implemented by Michael Sayler in the strategy Con Bitcoin (BTC)Y Tom Lee En BitMine Immersion Con Ether (ETH).
After learning about the announcement of the acquisition of more than 2 million Sun, Solana Company’s shares rose 11%, moving on average from USD 17 to over USD 19, as seen in the following graph.
The growth of corporate interest in SOL has surpassed HSDT. at the moment, The Ministry of Finance of the companies cited in the stock market totals 17.8 million sunas seen in the following graph, it is equivalent to $4,120 million.
That figure represents 3.10% of the network’s circular supply, estimated at 539.13 million tokens. Corporate custody sun numbers have increased by 408% since the beginning of AugustOnly 3.5 million people were counted in the reserve.
Five of the total 18 companies trading in the stock market concentrates most of SOL’s public holdings. The forward industry is leading with 6.8 million solar.
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