Solana Treasury Firm HSDT Raises $15 Million to Boost SOL Holdings and Buy Back Shares
Solana treasury company HSDT has completed a $15 million stock offering at a 5% premium to its net asset value, including warrants. As the fourth-largest publicly traded Solana reserve firm, HSDT holds approximately 2.3 million SOL, valued at roughly $273.5 million. The proceeds will be used to acquire additional SOL or repurchase company shares.
Summaries are written by AI from the original article. Not investment advice.