Helius Medical Technologies has launched a $500M Solana treasury via a PIPE offering led by Pantera Capital and Summer Capital. The deal includes $750M in additional warrants and plans to scale SOL holdings over 12-24 months, leveraging staking and lending. Solana has emerged as a popular alternative to Bitcoin and Ethereum, with the SOL token up 80% over the past year.
Helius Medical Technologies has secured over $500 million in a private investment led by Pantera Capital and Summer Capital to establish a digital asset treasury centered on Solana. The deal includes an additional $750 million in stapled warrants, positioning SOL as the firm's primary reserve asset. The initiative aims to leverage Solana's high throughput, strong adoption, and staking yield, while expanding institutional and retail participation in the network.
The company announced an oversubscribed private investment in public equity (PIPE) offering on September 12, 2025, which is expected to close on September 18, 2025. The offering priced common stock at $6.88 per share, with stapled warrants exercisable at $10.12 for three years. The deal includes $500 million in equity and up to $750 million in warrants, assuming full exercise
Helius signals plan to build $500 million Solana (SOL) treasury, may explore staking and lending[2].
Helius plans to scale its SOL holdings over the next 12-24 months through capital markets programs, including ATM sales and other strategies. The company will also explore staking and lending opportunities within the Solana ecosystem to generate additional revenue while maintaining a conservative risk profile
Helius signals plan to build $500 million Solana (SOL) treasury, may explore staking and lending[2].
Solana has emerged as a popular alternative to Bitcoin and Ethereum, with the SOL token up 80% over the past year. The native staking yield of around 7% makes SOL an attractive reserve asset for treasury management. Helius' treasury strategy focuses on maximizing SOL per share and leveraging the most commercially viable blockchain for decentralized finance and consumer applications
Helius signals plan to build $500 million Solana (SOL) treasury, may explore staking and lending[2].
The PIPE offering is led by Pantera Capital, a crypto-focused US asset manager, and Summer Capital, an Asian fund manager. Other participants include Big Brain Holdings, Avenir, FalconX, Arrington Capital, Animoca Brands, Aspen Digital, Borderless, Laser Digital, HashKey Capital, and Republic Digital. The company will be led by a team with deep capital markets and crypto experience, including Summer Capital founder Joseph Chee, Pantera General Partner Cosmo Jiang, and Pantera Capital founder and Managing Partner Dan Morehead as a strategic advisor
Helius Medical Technologies soars 250% on $500M Solana treasury raise led by Pantera, Summer Capital[1].
The firm's stock jumped around 250% in pre-market trading on Monday following the news, with shares currently changing hands for $25.85 compared to its $7.56 Friday close, per TradingView
Helius Medical Technologies soars 250% on $500M Solana treasury raise led by Pantera, Summer Capital[1].
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