Helius Medical, a Nasdaq-Listed Company, Raises $500M to Build a Solana-Focused Treasury in 2025

• Why Is Helius Medical Betting Big on Solana?
• How Are Other Companies Riding the Solana Wave?
• What’s Driving the Solana Treasury Craze?
• Are Crypto Trading Bots a Threat to Corporate Treasuries?
• FAQs: Solana Treasuries and Market Impact

Helius Medical Technologies (HSDT) has made waves in the crypto and financial markets by securing $500 million in a private funding round to establish a solana (SOL)-centric treasury. Backed by heavyweights like Pantera Capital and Animoca Brands, the move has sent its Nasdaq-listed shares soaring by 215%. This article dives into the "Solana Season" trend, where public companies are pivoting to crypto treasuries, and explores the implications for investors and the broader market.

Why Is Helius Medical Betting Big on Solana?

Helius Medical Technologies, a Nasdaq-listed firm (ticker: HSDT), announced a $500 million private funding round on September 18, 2025, to build a treasury focused on Solana (SOL). The news triggered a 215% surge in its stock price, peaking at $24 per share before settling around $21.40. The funding was led by Pantera Capital, with participation from Summer Capital, Animoca Brands, FalconX, and HashKey Capital. The deal also includes $750 million in "stapled warrants," potentially bringing the total treasury to $1.25 billion. Dan Morehead, Pantera’s founder, called Solana a "category-defining blockchain" poised to underpin a new financial system.

How Are Other Companies Riding the Solana Wave?

Helius isn’t alone. Forward Industries (FORD), backed by Galaxy Digital, recently acquired 6.8 million SOL ($1.58 billion) in just one week. Other notable players include:

• Upexi: A consumer goods maker now holding over 2 million SOL ($447 million), with unrealized gains of $142 million and daily staking rewards nearing $105,000.
• Sharps Technology: A medical packaging firm that bought 2 million SOL ($400 million) to build its treasury.
• DeFi Development Corp: Formerly a real estate company, it now holds 2 million+ SOL after adding 603,000 SOL in weeks.
• Classover: An edtech firm planning a $500 million convertible note to buy and stake SOL.

This trend, dubbed "Solana Season," mirrors the ethereum treasury boom of previous years, where public companies amassed ETH as a strategic asset.

What’s Driving the Solana Treasury Craze?

Solana’s price has risen 60% in three months, trading around $234 at press time. Its scalability and low transaction costs make it attractive for corporate treasuries. Unlike bitcoin or Ethereum, SOL’s staking rewards offer passive income—a key draw for companies like Helius. "It’s not just about holding; it’s about earning," noted a BTCC analyst. Data from CoinMarketCap shows SOL’s market cap has grown 200% year-to-date, outpacing many top cryptos.

Are Crypto Trading Bots a Threat to Corporate Treasuries?

While companies focus on large-cap assets like SOL, retail investors are leveraging Trading Bots to snipe memecoins on Solana’s network. These tools automate rapid trades, capitalizing on volatility. For instance, the Snorter token (see below) has gained traction among bot users. "Bots level the playing field," said a crypto trader on BTCC. "But corporates? They’re playing the long game."

FAQs: Solana Treasuries and Market Impact

Why is Solana attracting corporate treasuries?

Solana combines high throughput, low fees, and staking rewards—making it ideal for companies seeking yield on idle cash.

How does Helius’s $500M raise compare to competitors?

Helius’s treasury could hit $1.25B with warrants, rivaling Forward Industries’ $1.58B SOL purchase.

What risks do Solana treasuries face?

Price volatility and regulatory scrutiny are key concerns. This article does not constitute investment advice.