Solana's corporate treasury reaches $4 billion as companies buy 3% of the supply

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The Solana reserve (SOL) of the enterprise has exceeded 4 billion USD as companies continue strong Accumulation. According to the Strategic Solana Reserve, the amount of SOL in the reserve reached 17.11 million tokens, worth 4.03 billion USD, accounting for nearly 3% of the circulating supply of over 600 million SOL.

Forward Industries leads with over 6.8 million SOL (1.61 billion USD), while Sharps Technology, DeFi Development Corp., and Upexi each hold around 2 million SOL, worth over 400 million USD. Forward has just launched a Solana reserve fund backed by Galaxy Digital, Multicoin Capital, and Jump Crypto. Shortly after, Galaxy spent up to 306 million USD to purchase SOL in one day.

In addition, Helius Medical Technologies also announced a reserve fund of 500 million USD, supported by Pantera Capital and Summer Capital. Pantera CEO, Dan Morehead, claimed that Solana is the "fastest, cheapest, and most efficient" blockchain, revealing that the fund holds 1.1 billion USD SOL.

Solana corporate treasury reaches 4 billion USD as companies buy 3% of the supply

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