HSDT

Solana Co. announced a strategic partnership with the Jito Foundation to expand institutional Solana infrastructure across the Asia-Pacific region. The company announced a registered direct offering of common stock, raising approximately $8 million in gross proceeds. Madelene Gani was appointed as Chief Operating Officer and Deputy Chief Financial Officer. Solana Co. reported its fourth-quarter and full-year 2025 financial results. The company announced plans for the Pacific Backbone, a high-speed infrastructure buildout for Solana. Solana Co.'s stock price has experienced a significant decline of -99.02% over the last 52 weeks and a 1-for-50 reverse stock split was effective on June 30, 2025.