Solana treasury firm HSDT raises $15M to buy more SOL
- —$15M offering priced at a 5% premium to NAV with warrants
- —HSDT holds about 2.3 million SOL worth $273.5 million
- —Fourth-largest public Solana treasury company
- —Proceeds earmarked for SOL purchases or buybacks
Why it matters: Another capital raise by a public Solana treasury firm reinforces institutional demand for SOL.
Source: PANews