Nasdaq Corporation recruits Arthur Hayes for consultancy in their Solana-related initiatives.
Upexi, a Nasdaq-listed company, has recently increased its Solana (SOL) holdings significantly, now holding over 2 million SOL in its treasury. This stake has been built quickly through multiple purchases and capital raises.
The company is not just accumulating SOL tokens but also staking them to earn attractive yields, reportedly earning around $65,000 daily from staking. Upexi's move is part of a strategic shift by public companies to diversify their corporate treasuries into altcoins that offer staking rewards and yield generation.
DeFi Development Corp., another public company, has also increased its Solana holdings, now holding nearly a million SOL units. These corporate moves represent predictable, on-balance-sheet demand that can tighten the available supply held by retail traders and exchanges.
Upexi has taken this strategy a step further by forming a new advisory committee, with Arthur Hayes, the CIO of Maelstrom Fund, named as the first member. The committee aims to drive strategy, expand visibility, and unlock capital for Upexi's Solana treasury.
BIT Mining, another company, has also made a clear Solana bet by purchasing 27,190 SOL and planning to convert existing crypto holdings to focus on SOL. BIT Mining also plans to launch a validator to stake tokens, further contributing to Solana’s network security and decentralization.
The growing institutional and corporate stakes in Solana are likely to positively influence SOL’s price by reducing liquid supply and increasing demand. This trend may mark a broader shift in how public companies integrate crypto assets for financial and strategic benefits.
In addition, the market capitalization for SOL is roughly $100 billion, and daily turnover for SOL is in the low double-digit billions. The moves by these companies have attracted attention from investors and rival corporate treasuries alike, signaling growing confidence in Solana's ecosystem.
Some analysts have speculated about a significant price rally to $400–$500 per SOL following these corporate moves. However, it is important to note that the value of Upexi's Solana stake, according to publications, is in the hundreds of millions of dollars depending on the SOL price used.
The market remains optimistic, with technical commentators pointing to moving average crossovers and other bullish setups as reasons traders are optimistic right now. As more public companies follow Upexi's lead, the Solana ecosystem could see further growth and development.
[1] https://www.coindesk.com/business/2025/08/12/upexi-forms-advisory-committee-with-arthur-hayes-to-drive-solana-strategy/ [2] https://www.bloomberg.com/news/articles/2025-08-12/upexi-builds-2-million-solana-stake-as-it-turns-to-staking-for-yield [3] https://www.forbes.com/sites/jasonbrett/2025/08/12/upexi-takes-solana-stake-to-new-heights/ [4] https://www.cnbc.com/2025/08/12/solana-price-surges-as-upexi-and-other-companies-invest.html [5] https://www.theblockcrypto.com/post/100885/upexi-solana-staking-yield-treasury-management-strategy
- Upexi, a Nasdaq-listed company, has accumulated over 2 million SOL in its treasury, with the strategy including staking the tokens to generate attractive yields.
- DeFi Development Corp., another public company, holds nearly a million SOL units, indicative of predictable, on-balance-sheet demand that can potentially tighten the supply held by retail traders and exchanges.
- Upexi has formed an advisory committee, with Arthur Hayes, the CIO of Maelstrom Fund, as the first member, aiming to drive strategy, expand visibility, and unlock capital for the Solana treasury.
- BIT Mining has made a clear Solana bet by purchasing 27,190 SOL, planning to convert existing crypto holdings to focus on SOL, and launching a validator to stake tokens for network security and decentralization.
- The growing institutional and corporate stakes in Solana have attracted attention from investors and rival corporate treasuries, signaling growing confidence in the Solana ecosystem.
- The market capitalization for SOL is roughly $100 billion, and daily turnover for SOL is in the low double-digit billions, with technical analysts pointing out moving average crossovers and bullish setups as reasons for optimism.
- With more public companies following Upexi's lead, the Solana ecosystem could see further growth and development, potentially leading to a price rally to $400–$500 per SOL, as speculated by some analysts. (Sources: [1], [2], [3], [4], [5])
