Nasdaq-Listed Helius Medical Technologies Bags Over 760,190 SOL For Its New $500 Million Solana Treasury

Pantera-backed Helius Medical Technologies has purchased its first Solana tokens, marking the start of a corporate treasury reserve built around the sixth-largest cryptocurrency by market capitalization. The company now holds approximately 760,190 tokens, valued at around $167 million, at an average cost of $231 per SOL. Shares of Helius Medical soared over 200% on Sept. 12 after the firm announced it was raising more than $500 million in a private financing round led by crypto-focused US asset manager Pantera Capital and Asian fund manager Summer Capital.