COINOTAG reported on September 5 that data from Strategic SOL Reserve identifies 13 entities holding SOL treasury reserves, collectively owning 8.887 million SOL, or about 1.55% of Solana’s circulating supply.
Of those reserves, roughly 585,000 SOL is allocated to staking, with an estimated value near $1.041 billion and an average staking reward of 6.86%, representing approximately 0.102% of total supply.
The largest institutional holders include Sharps Technology (STSS) at 2.14M SOL, DeFi Development Corp (DFDV) at 2.028M SOL (+5.2% 30d), Upexi (UPXI) at 2.00M SOL (+15.3% 30d), Mercurity Fintech (MFH) at 1.083M SOL, iSpecimen Inc (ISPC) at 1.00M SOL (+8.7% 30d), and SOL Strategies Inc (CYFRF) at 403,000 SOL (+12.4% 30d).