Helius Medical Bets Big on Solana with $500 Million Investment
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Key Highlights
- Helius Medical invests $500M+ to make Solana a reserve asset
- Forward Industries buys $1.58B in Solana at $232 per coin
- Solana could surge to $250 by end of 2025, says analyst
Helius Medical Technologies has launched a treasury strategy centered on Solana, planning to hold the cryptocurrency as a reserve using over $500 million raised through a private equity round targeting public equities. This move highlights growing institutional confidence in blockchain assets.
Strategic Investments and Funding Partners
Under the offering, investors received common shares or pre-funded warrants priced at $6,881 each, set to expire three years from issuance. If fully exercised, the transaction could exceed $750 million in total value.
The funding round was led by Pantera Capital and Summer Capital, with additional participation from Big Brain Holdings, Avenir, SinoHope, FalconX, Arrington Capital, Animoca Brands, Aspen Digital, Borderless, Laser Digital, HashKey Capital, and Republic Digital.
Following the deal’s expected close on September 18, 2025, Helius Medical plans to:
- Build an initial position in Solana and scale over 12–24 months
- Utilize ATM programs and other capital vehicles to deploy assets
- Explore staking, lending, and other DeFi instruments within Solana
- Maintain a conservative approach to risk management
Forward Industries Makes a Massive Solana Bet
Meanwhile, Forward Industries acquired 6.82 million SOL for roughly $1.58 billion, at an average price of $232 per coin, through open market and on-chain transactions. The press release noted this is the first time capital from a private equity round has been used to invest in public equity, with the round led by Galaxy Digital, Jump Crypto, and Multicoin Capital.
MEXC Research chief analyst Sean Young predicts Solana could rise to $250 by the end of 2025, indicating strong optimism in the crypto market.
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