---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105347"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:53:20.842286+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Solana Company elects Pantera Capital's Cosmo Jiang to Board; highlights Solana network growth

## Summary
- Elected Cosmo Jiang, General Partner at Pantera Capital, to the Board of Directors effective November 3, 2025.
- Solana network surpassed 23B transactions YTD and 2.3M active wallets; stablecoin market cap over $14.5B.
- Company remains one of the largest Solana-focused digital asset treasuries, focused on maximizing SOL per share via staking and accumulation.
- Strategy includes institutional-grade staking, disciplined accumulation, and long-term alignment with the Solana ecosystem.

## SEC filing metadata
- accession: 0001104659-25-105347
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000110465925105347/0001104659-25-105347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000110465925105347/hsdt-20251103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105347
- JSON: https://secwatch.observer/filing/0001104659-25-105347.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105347.txt

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