---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-091854"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:58:36.186710+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helius Medical starts SOL treasury; holds 760,190 tokens at avg cost $231

## Summary
- First acquisition of SOL tokens as part of digital asset treasury strategy; principal holding will be SOL.
- Holds over 760,190 SOL with average cost basis of $231; also holds >$335 million cash for further purchases.
- Company cites ~7% native staking yield on SOL vs. non-yield-bearing BTC as rationale.
- Will continue neurotech and medical device operations alongside treasury strategy.

## SEC filing metadata
- accession: 0001104659-25-091854
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000110465925091854/0001104659-25-091854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000110465925091854/tm2526642d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-091854
- JSON: https://secwatch.observer/filing/0001104659-25-091854.json
- Plain text: https://secwatch.observer/filing/0001104659-25-091854.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.