Helius signals plan to build $500 million Solana (SOL) treasury, may explore staking and lending

• Helius builds a $500M Solana-focused treasury to maximize SOL per share.

• Funding comes via an oversubscribed PIPE offering with stapled warrants; closing expected Sept. 18, 2025.

• Helius aims to use staking (~7% native yield) and lending to produce revenue while keeping a conservative risk profile.

Helius Solana treasury strategy: Nasdaq-listed Helius launches a $500M SOL reserve, targets staking & lending to grow holdings — read key details and next steps.

Nasdaq-listed Helius Medical Technologies is establishing a $500 million corporate treasury reserve with Solana (SOL) as its primary reserve asset and will pursue staking and lending to generate additional yield.

Nasdaq-listed Helius Medical Technologies is launching a $500 million corporate treasury reserve built around Solana, making it one of the largest Solana-focused treasury initiatives to date.

The company announced it priced an oversubscribed private investment in public equity (PIPE) offering of common stock at $6.88 per share, with stapled warrants exercisable at $10.12 for three years. The deal includes $500 million in equity and up to $750 million in warrants, assuming full exercise.

Helius said it will use net proceeds to implement a crypto treasury strategy with the Solana (SOL) token as its main reserve asset. Management plans to significantly scale SOL holdings over the next 12–24 months through capital markets programs, including ATM sales and other strategies.

Helius will also explore staking and lending opportunities within the Solana ecosystem to generate additional revenue from the SOL treasury while maintaining a conservative risk profile.

Source: Helius

Led by crypto-focused US asset manager Pantera Capital and Asian fund manager Summer Capital, the offering is expected to close on Sept. 18, 2025. Other participants include Big Brain Holdings, Avenir, FalconX, Arrington Capital, Animoca Brands and HashKey Capital.

Note: Related reporting referenced Mantle 2.0 and industry commentary in plain text sources (no external links provided).

What is Helius’ Solana treasury strategy?

Helius’ Solana treasury strategy is to hold SOL as the primary reserve asset, scale holdings via capital markets programs over 12–24 months, and deploy staking and lending to earn yield while preserving capital. The company frames SOL as a “financially productive” asset due to native staking yield.

How will Helius scale SOL holdings?

Helius plans to scale SOL through a combination of pre-funded PIPE proceeds, ATM sales and other capital-markets mechanisms. The company expects incremental purchases tied to market depth and programmatic executions designed to maximize SOL per share.

Solana a “category-defining” blockchain — what do insiders say?

“We believe that Solana is a category-defining blockchain and the foundation on which a new financial system will be built,” said Dan Morehead, founder and managing partner of Pantera Capital.

Incoming executive chairman Joseph Chee said the vehicle will focus on “maximizing SOL per share by leveraging the most commercially viable blockchain for decentralized finance and consumer applications.” He predicts capital markets transactions will increasingly move onto blockchain rails.

How does Solana compare to other reserve assets?

Helius highlighted Solana’s native staking yield (~7%) versus non-yield-bearing assets such as Bitcoin. That yield differential supports a financially productive treasury argument and may influence treasury asset allocation decisions.

Why does institutional interest in Solana matter?

Institutional treasury activity from managers and trading firms can add a new source of demand and depth to SOL markets. Recent large buys by institutional actors and the formation of crypto treasury vehicles signal growing confidence in on-chain reserve strategies.

SOL is up nearly 25% year-to-date, according to TradingView data, reflecting heightened market interest and potential alignment with treasury-buying programs.

SOL/USD, year-to-date chart. Source: Cointelegraph/TradingView

Frequently Asked Questions

How will Helius generate yield from its SOL treasury?

Helius intends to use native staking and selective lending within the Solana ecosystem to generate additional revenue while seeking a conservative risk profile and preserving capital for corporate needs.

When will the PIPE offering close and what are the terms?

The offering is expected to close on Sept. 18, 2025. Terms include $500 million in equity at $6.88 per share and stapled warrants exercisable at $10.12 for three years; warrants could total up to $750 million if fully exercised.

Key Takeaways

• Massive Solana allocation: Helius is deploying $500M to build a Solana-first treasury.
• Yield focus: Native staking (~7%) plus lending are core to the revenue plan.
• Institutional signal: The oversubscribed PIPE and prominent backers indicate growing institutional interest in on-chain treasuries.

Conclusion

Helius’ Solana treasury strategy positions SOL as a financially productive reserve asset and reflects a broader institutional pivot toward on-chain treasuries. Expect measured accumulation, staking, and lending programs as the company scales holdings and tests commercial capital-markets integrations. Follow updates from COINOTAG for ongoing coverage.