Solana Company Class A (HSDT)

Solana Co. executed a 1:50 reverse stock split on July 1, 2025. The company reported its Q2 2025 earnings on August 18, 2025, surpassing analysts' expectations. Pantera Capital announced funding to launch Solana Company as a Solana-backed Digital Asset Treasury on September 15, 2025. HSDT commenced its purchases of SOL on September 18, 2025. The company announced it held over 2.2 million SOL tokens and more than $15 million in cash on October 6, 2025. HSDT's stock experienced a sharp decline on October 21, 2025, following the finalization of a resale registration. Solana Co. entered into agreements with Helius and Twinstake for non-custodial staking services on October 23, 2025. The Board of Directors approved a stock repurchase program of up to $100 million on November 5, 2025. The company announced its Q3 2025 results on November 18, 2025, reporting a net loss of $352.8 million. HSDT reached its all-time low stock price of $2.62 on December 16, 2025. The share price was $2.49 on February 2, 2026, marking an 88.76% decline from February 3, 2025. The stock price was $2.19 on February 7, 2026, with its 52-week range extending from a low of $1.92 to a high of $502.50.

Information regarding specific demand seasonality for Solana Co.'s products and services is not explicitly available. Demand is likely heavily influenced by the broader cryptocurrency market trends and the performance of the Solana token. The neurotech and medical device segment's demand seasonality is not detailed.

Solana Co., formerly Helius Medical Technologies, is a publicly listed digital asset treasury company focused on acquiring and holding Solana tokens to maximize SOL per share. It operates in the Financial sector, specifically in Asset Management and Miscellaneous Financial Services. The company also maintains its original neurotech business, focusing on neurologic deficits using the PoNS device.

Solana Co. is headquartered in Newtown, Pennsylvania, United States. Specific international offices or major operational areas beyond its U.S. headquarters are not detailed.

Solana Co.'s brand reputation has been shaped by its pivot to a digital asset treasury model, positioning it as a vehicle for public market investors to gain exposure to the Solana ecosystem. However, the substantial decline in its stock price, reported net losses, and the stock drop following the opening of resale registration for private investors could raise concerns among investors.

Solana Co. has 33 institutional owners and shareholders holding a total of 10,984,456 shares. Major institutional shareholders include Pantera Capital Partners LP, Polar Asset Management Partners Inc., and Aristeia Capital Llc. As of February 2, 2026, 18.63% of Solana's stock is owned by institutional investors. Notable individual ownership filings include Fusion Summer Limited (17.00%) and Morehead Daniel Wayne (9.67%).