Solana Financial Company HSDT has completed a $15 million stock issuance plan: it will increase its holdings of SOL or repurchase shares
Oct 1, 2026 08:39:54
According to The Block, Solana Treasury Company HSDT announced the completion of a $15 million stock issuance plan, with an issuance price at a 5% premium to the company's net asset value (NAV), accompanied by warrants.
The company is currently the fourth largest publicly listed Solana reserve company, holding approximately 2.3 million SOL, valued at about $273.5 million. The funds raised from this financing will be used for further purchases of SOL or to buy back company stock.