PANews reported on October 30th that, according to The Block, Nasdaq-listed Solana Company (ticker symbol HSDT, formerly Helius Medical Technologies) continued to increase its Solana (SOL) reserves this month. A Wednesday announcement revealed that the company added approximately 100,000 SOL tokens, worth about $20 million, bringing its total SOL holdings to over 2.3 million tokens. The company also disclosed that its staking yield averaged over 7%, slightly higher than the average of approximately 6.7% for the top ten validators. Despite the significant increase in on-chain asset value, HSDT's stock price has fallen by over 50% in the past month. According to Google Finance data, its stock price traded near $6.75 on Wednesday, a significant drop from its high of over $14 in early October.PANews reported on October 30th that, according to The Block, Nasdaq-listed Solana Company (ticker symbol HSDT, formerly Helius Medical Technologies) continued to increase its Solana (SOL) reserves this month. A Wednesday announcement revealed that the company added approximately 100,000 SOL tokens, worth about $20 million, bringing its total SOL holdings to over 2.3 million tokens. The company also disclosed that its staking yield averaged over 7%, slightly higher than the average of approximately 6.7% for the top ten validators. Despite the significant increase in on-chain asset value, HSDT's stock price has fallen by over 50% in the past month. According to Google Finance data, its stock price traded near $6.75 on Wednesday, a significant drop from its high of over $14 in early October.
Solana Company, a publicly traded company, disclosed that it has increased its holdings of SOL tokens by $20 million.
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PANews reported on October 30th that, according to The Block, Nasdaq-listed Solana Company (ticker symbol HSDT, formerly Helius Medical Technologies) continued to increase its Solana (SOL) reserves this month. A Wednesday announcement revealed that the company added approximately 100,000 SOL tokens, worth about $20 million, bringing its total SOL holdings to over 2.3 million tokens. The company also disclosed that its staking yield averaged over 7%, slightly higher than the average of approximately 6.7% for the top ten validators. Despite the significant increase in on-chain asset value, HSDT's stock price has fallen by over 50% in the past month. According to Google Finance data, its stock price traded near $6.75 on Wednesday, a significant drop from its high of over $14 in early October.
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