Helius Secures $500M for Solana Treasury Strategy
Helius Medical Technologies has launched a $500 million Solana-focused Digital Asset Treasury (DAT) strategy via an oversubscribed private investment in public equity (PIPE) offering. Led by Pantera Capital and Summer Capital, the deal includes $750 million in stapled warrants and closes on September 18, 2025. Participants include Big Brain Holdings, Avenir, SinoHope and FalconX, among others. Post-closing, Joseph Chee (Summer Capital) will join as Executive Chairman, Cosmo Jiang (Pantera) as Board Observer, and Dan Morehead (Pantera) as Strategic Advisor. Helius will use the proceeds to purchase SOL as its primary treasury reserve asset and plans to scale Solana holdings over the next 12–24 months through ATM sales and capital markets programs. The company will also explore staking and lending opportunities to generate revenue from its Solana treasury. This move reflects growing institutional interest in Solana and Digital Asset Treasury strategies, following similar initiatives by Galaxy Digital and Jump Crypto.
Bullish
Helius’s $500M raise for a Solana-focused Digital Asset Treasury strategy signals robust institutional backing for Solana. By designating SOL as its primary reserve asset and leveraging ATM sales, staking, and lending to scale holdings, Helius is likely to generate sustained demand and liquidity for SOL. This mirrors the bullish impact seen when Galaxy Digital and Jump Crypto established similar treasury vehicles, which previously corresponded with upward price moves. In the short term, anticipatory buying may push SOL upward as traders position for increased institutional inflows. Over the long term, a dedicated DAT structure can provide consistent support to Solana tokenomics, enhancing market depth and encouraging broader ecosystem participation. Consequently, the news is bullish for Solana and the broader crypto market.