Helius Medical Raises $500M Backed by Pantera Capital to Launch a $1.25B Solana Treasury

Helius Medical Technologies announced Monday that it secured $500 million through an oversubscribed private investment in public equity (PIPE) offering led by Pantera Capital to build a Solana treasury focused on acquiring ￰1￱ offering includes an additional $750 million in stapled warrants, potentially bringing the total Solana treasury capital to $1.25 billion, according to the company’s press ￰2￱ Pantera Capital, Summer Capital joined the round as one of Asia’s earliest licensed fund managers to invest in ￰3￱ $HSDT , in partnership with @PanteraCapital and Summer Capital, announces over $500 million in funding to launch the preeminent Solana treasury ￰4￱ to press release: ￰0￱ ￰5￱ — Helius (HSDT) (@HeliusHSDT) September 15, 2025 The investor lineup featured a robust group including Big Brain Holdings, Avenir, SinoHope, FalconX, Arrington Capital, Animoca Brands, Aspen Digital, Borderless, Laser Digital, HashKey Capital, and Republic ￰6￱ Medical Targets 7% SOL Yields Over Bitcoin’s Zero Returns The SOL treasury strategy will be guided by Director and Executive Chairman Joseph Chee (founder and chairman of Summer Capital and former head of investment banking, Asia at UBS).

The strategy will also be guided by Board Observer Cosmo Jiang (general partner at Pantera Capital) and adviser Dan Morehead (founder and managing partner of Pantera Capital). Helius executives noted Solana’s position as the fastest-growing blockchain historically, leading the industry in transaction revenue while processing over 3,500 transactions per ￰7￱ executives also emphasized SOL’s financial productivity through design, offering a roughly 7% native staking yield, which contrasts with non-yield-bearing assets like ￰8￱ company plans to capitalize on Solana’s native yield-generating architecture and capture opportunities in DeFi and broader on-chain activity.

“We believe that Solana is a category-defining blockchain and the foundation on which a new financial system will be built,” said Dan Morehead, founder and managing partner of Pantera ￰9￱ twelve years Pantera has been at the forefront of providing access to ￰10￱ bitcoin fund, first blockchain venture fund, first exclusively private token fund, ￰11￱ date most have had million dollar-minimums and most require investors meet the very high SEC… ￰12￱ — Dan Morehead (@dan_pantera) September 15, 2025 Following the announcement, Helius stock (HSDT) surged over 159%, jumping from Friday’s close of $7.91 to $45.51 before settling at $19.63 at press time, based on Yahoo Finance data .) This is before they buy more on the open market Unlike Bitcoin and MSTR, a non-trivial amount of this cash will be injected into SOL DeFi not financial advice — mert | ￰13￱ (@0xMert_) September 14, 2025 Unlike Bitcoin and Michael Saylor’s treasury company MicroStrategy (MSTR), a large percentage of capital raised by Solana treasury companies will be deployed into SOL DeFi, potentially increasing the SOL token’s value and overall ecosystem ￰14￱ currently trades at $233.82, boasting over $13 billion in total value locked (TVL) across its DeFi ecosystem, second only to ￰15￱ investment firm VanEck maintains a bullish outlook on Solana, predicting SOL could reach $520 before year-end.

China’s DeepSeek AI recently projected that SOL could eventually target $1,000 by late 2026, well above its previous $295 all-time high.