Helius Joins Solana Treasury Strategy Trend With | Solana News

Nasdaq-listed firm Helius Medical Technologies Inc. unveiled the launch of a $500 million Solana-focused Digital Asset Treasury (DAT) backed by Pantera Capital and Summer Capital.

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Helius Reveals Solana Treasury Strategy

On Monday, Helius Medical Technologies, a neurotech company within the medical system discipline, introduced an oversubscribed personal investment in public equity (PIPE) offering of common stock to launch a new Solana treasury strategy.

The offering, led by Pantera Capital and Summer Capital, is estimated to raise $500 million and an further $750 million in stapled warrants to buy shares of common stock, assuming full train.

Additionally, Big Brain Holdings, Avenir, SinoHope, FalconX, Arrington Capital, Animoca Brands, Aspen Digital, Borderless, Laser Digital, HashKey Capital, and Republic Digital are additionally taking part within the offering, which is predicted to close on September 18, 2025.

Following the closing, the company’s management workforce will embrace Summer Capital’s founder, Joseph Chee, as Director and Executive Chairman, Pantera’s General Partner, Cosmo Jiang, as Board Observer, and Pantera Capital’s founder, Dan Morehead, as Strategic Advisor.

According to the announcement, Helius intends to make use of the offering’s proceeds to implement a DAT strategy and buy Solana’s native token, SOL, to make it the company’s major treasury reserve asset.

Notably, the company expects to construct an initial SOL place, with plans to considerably scale holdings over the subsequent 12–24 months via a best-in-class capital markets program, incorporating ATM gross sales and different confirmed methods.

Additionally, it’ll consider staking, lending, and different alternatives all through the ecosystem to generate income from the SOL Treasury, whereas sustaining a conservative risk profile, the company defined.

Institutions Push SOL Adoption

Cosmo Jiang instructed information media outlet Fortune he believes there can solely be a handful of profitable public corporations devoted to only one cryptocurrency, affirming that “just as much as it is about scale, it’s about velocity.”

“We’d much rather start with a moderate size so that we can really go out to market and grow very quickly, rather than start too big and then have a harder time growing on a percentage basis,” he stated.

He affirmed that the deal construction for this Solana treasury company positions it to be aggressive: “We believe we have the right setup to be the leading, if not, at least one of the two or three, but certainly the leading, Solana DAT.”

It’s value noting that just lately, Galaxy Digital, Jump Crypto, and Multicoin Capital introduced their plan to determine Forward Industries, a SOL treasury company, to buy the cryptocurrency, stake it, and generate extra returns. The company efficiently closed its PIPE financing on September 11, securing gross proceeds of roughly $1.65 billion.

In the press release, he additionally highlighted that “there is a real opportunity to drive the flywheel of creating shareholder value that Michael Saylor has pioneered with Strategy (…) by accelerating Solana adoption.”

Meanwhile, Dan Morehead affirmed that Solana is a “category-defining blockchain and the foundation on which a new financial system will be built,” including that “a productive treasury company, backing the industry’s most affordable, fastest, and most accessible network, stands to substantially increase institutional and retail access to the Solana ecosystem and help fuel its adoption around the world.”

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