Nasdaq-Listed Major Companies Queue Up for This Altcoin After Ethereum! Billion-Dollar Purchase Announced!

Major companies are also showing interest in altcoins as part of their treasury strategies, following Bitcoin and ￰0￱ most popular of these is Solana (SOL), and the number of companies buying SOL is increasing ￰1￱ latest news on this point comes from Nasdaq-listed company Helius Medical Technologies (Nasdaq: HSDT). According to the statement, Helius Medical Technologies has raised over $500 million in a PIPE led by Pantera Capital and Summer Capital, with potential proceeds of over $1.25 billion upon exercise of the ￰2￱ proceeds will be used to launch a digital asset treasury strategy focused on acquiring SOL, which will become the company's primary reserve ￰3￱ this investment, Helius joins the growing ranks of crypto treasury firms alongside firms like Forward Industries, Sol Strategies, DeFi Development Corp., and Solana-focused ￰4￱ said it chose Solana for its scale, adoption, and ￰5￱ is a “high-throughput network with millions of daily users, billions of transactions, and a native staking yield of approximately 7%, enabling productive treasury management and broader DeFi opportunities.” “We believe Solana is a category-defining blockchain and the foundation on which to build a new financial system,” said Dan Morehead, founder of Pantera ￰6￱ Company Made Its First Solana (SOL) Acquisition!

Apart from Helius, Solana announced its treasury strategy, with Forward Industries announcing the purchase of 6.8 million SOL worth $1.58 billion. Nasdaq-listed Forward Industries announced the acquisition of 6.8 million SOLs at an average price of $232, for a total cost of $1.58 ￰7￱ company announced that it acquired the unlocked Solana tokens through open market and on-chain ￰8￱ acquisition follows the company's capital raise of $1.65 billion (2.3 trillion won) in a private investment round led by Galaxy Digital, Jump Crypto, and Multicoin Capital on September ￰9￱ company recently stated that it aims to be the world's leading Solana treasury company and deliver long-term value to its shareholders. *This is not investment ￰10￱ Reading: Nasdaq-Listed Major Companies Queue Up for This Altcoin After Ethereum!

Billion-Dollar Purchase Announced!