๐จ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎ ๐ง๐ฟ๐ฒ๐ฎ๐๐๐ฟ๐ถ๐ฒ๐ ๐ฆ๐ถ๐๐๐ถ๐ป๐ด ๐ผ๐ป ๐ข๐๐ฒ๐ฟ $๐ญ.๐ฑ๐ ๐ถ๐ป ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ ๐ฆ๐ข๐ ๐๐ผ๐๐๐ฒ๐ ๐ป
Public companies that amassed large Solana (SOL) positions in 2025 have paused accumulation as equity markets reprice SOL-heavy balance sheets.
๐ Key Stats:
$1.5B+ in unrealized losses across major US-listed companies
12M+ SOL tokens held (~2% of total supply)
Top companies: Forward Industries, Sharps Technology, DeFi Development Corp, Upexi, Solana Company
Most stocks now trading well below SOL market value
๐ผ Treasury Pause:
Bulk of SOL accumulation: JulyโOctober 2025
No meaningful new buys since
No on-chain sales recorded
๐ Company Highlights:
Forward Industries: 6.9M SOL, avg cost $230 โ ~$1B unrealized losses
Sharps Technology: $389M purchase โ current value ~$169M (-56%)
DeFi Development Corp: smaller losses, still below SOL value
Solana Company: 2.3M SOL, paused accumulation
Upexi: $130M unrealized losses, shares down >80%
โ๏ธ Market Signal:
Equity data shows top Solana treasury companies have underperformed SOL in last 6 months (59โ80% drop), indicating a treasury winter.
โ ๏ธ Takeaway:
No forced selling yet โ limited liquidity pressure
Companies are waiting โ cautious accumulation
Short-term: Bearish/Neutral for SOL
Long-term: Potential upside if treasury strategies resume
#Solana #SOL #CryptoNews #blockchain #BinanceSquare $SOL
