Nasdaq-Listed Company Buys $530 Million in Solana, Says It’s Like Microstrategy

A publicly traded company formerly known as Helius Medical Technologies has made a significant move into the world of digital assets. The company announced it accumulated more than 2.2 million SOL tokens as part of its overall digital asset strategy. This purchase comes with a total value of approximately $530 million, exceeding the proceeds received from their private sale in September.