HSDT

Solana

2026-10-01 00:39:54

HSDT closes $15 million stock offering at a 5% premium to NAV

Solana treasury company HSDT has completed a $15 million stock offering, according to The Block. The deal was priced at a 5% premium to the company’s net asset value and included warrants. HSDT is currently the fourth-largest publicly listed Solana reserve company by size, holding about 2.3 million SOL valued at roughly $273.5 million. The company said the proceeds from the financing will be used either to buy more SOL or to repurchase its own shares. The announcement adds to the list of public companies using equity financing to expand crypto treasury exposure while also keeping buybacks on the table as a capital allocation option.

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Solana

2026-08-21 15:20:45

Solana Company sets voting position on first three Solana governance proposals

Solana treasury firm Solana Company (HSDT) has disclosed how it plans to vote on the first three Solana governance proposals, according to The Wall Street Journal, as cited by ChainCatcher. The company said it supports SGP-0001, titled “Solana Constitution,” while opposing SGP-0002, which would speed up inflation reduction, and SGP-0003, which would change transaction fees from a fixed model to a floating one. Solana Company said its support for the proposed governance framework stems from features that would let stakers vote directly and preserve their right to override votes cast by delegated operators. In the firm’s view, that structure would make it easier for institutions to take part in network governance. On inflation and fee changes, the company said it is not against the broader direction of those proposals. Instead, it believes institutions are still at a critical stage of entering the market, and changes to core economic parameters could affect the stability and predictability of the rules.

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Solana

2026-08-21 15:13:31

HSDT backs Solana Constitution, opposes changing inflation and fees now

SOL treasury company Solana Company (HSDT) has laid out its voting stance on the first three Solana Governance Proposals ahead of on-chain voting expected to begin on Aug. 22. The firm said it supports SGP-0001, the "Solana Constitution," while opposing SGP-0002, which would double the pace of inflation reduction, and SGP-0003, which would shift transaction fees from a fixed model to a floating one. HSDT said its objection to the latter two proposals is about timing rather than direction. According to the company, Solana is at a stage where institutions are weighing entry, and those participants place high value on stable and predictable rules. In that context, changing two core economic parameters — inflation and fees — could make still-hesitant institutions more reluctant. HSDT added that it would support reopening discussion on lower inflation after SOL shows sustained net capital inflows, and would also reconsider floating fees once the ecosystem has had time to adapt.

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HSDT

2026-08-15 03:14:38

Nasdaq-listed Solana firm HSDT reports $2.5 million in Q2 2026 revenue

Nasdaq-listed Solana company HSDT reported $2.5 million in revenue for the second quarter of 2026, according to The Block. The company said most of that revenue came from 31,200 SOL in staking rewards earned during the quarter. HSDT also posted a net loss of $30.3 million for the period. As of June 30, the company held total assets of $176.1 million. That figure included $147.3 million in long-term digital assets, related positions, and fund investments. The disclosure outlines how heavily the quarter’s top line relied on staking income while also showing a substantially larger loss on the bottom line. It also gives a snapshot of the company’s balance sheet at the end of the quarter, with digital-asset exposure making up a large share of total assets.

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