The 5 Largest Publicly Traded Solana Treasury Firms

Publicly traded companies are increasingly adding Solana (SOL) to their balance sheets, with significant investments marked by substantial treasury holdings in this cryptocurrency. Leading the charge is Forward Industries, possessing 6.8 million SOL, driven by a $1.65 billion PIPE financing from major crypto influencers. Following this, Solana Company (formerly Helius Technologies) holds 2.2 million SOL, acquired after a PIPE offering in September. DeFi Development Corp. has amassed around 2.1 million SOL as it pivoted from real estate software to Solana investment strategies. Meanwhile, Upexi has built a treasury of over 2 million SOL and is seeking to further enhance its holdings with additional fundraising. Lastly, Sharps Technology, after raising $400 million, completed its own SOL acquisition of 2 million SOL. This shift showcases the evolving landscape of institutional interest in cryptocurrencies beyond Bitcoin and Ethereum, emphasizing Solana's rising prominence in digital asset treasury management.

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