Successful $500 Million Fundraising
Solana Company successfully raised over $500 million to fund its digital asset treasury strategy. The investment by Pantera is the single largest cash investment in Pantera history.
Strong Advocacy and Institutional Adoption
Solana processes nearly 80 million transactions per day with a median fee below one-tenth of a cent, providing a native staking yield of over 7%. It is the leading platform for stablecoin payments and has significant real-world asset tokenization activities.
Increased Solana Holdings
The company increased its holdings of SOL by $100,000 tokens, totaling over 2,300,000 tokens. The average gross staking yield was 7.3% APY, outperforming the top 10 largest validators by 36 basis points.
Launch of ATM Program and Share Buyback
Solana Company launched its ATM program and announced a share buyback, providing flexibility to maximize Solana per share growth.
Positive Clinical Outcomes for PoNS Device
The PoNS stroke registration program study resulted in positive clinical outcomes, supporting the FDA 510(k) submission.