Forget waiting on the usual tech giants to drop Bitcoin into their balance sheets.
Nah, the real players, some public companies you might barely know, are quietly loading up on Solana, turning their treasuries from boring piles of cash into yield-generating dynamos.
They’re staking those coins like pros, earning around 8% a year. Passive income, corporate style.
Millions
Take Upexi, for example. These guys aren’t messing around, they snapped up 1.9 million SOL using equity and convertible notes, then put nearly all of it to work staking. Not surprising that the crypto community is in awe.
The estimated annual payoff? A cool $26 million at current prices. It’s like turning your business’s rainy day fund into a cash cow.
But analysts warn there’s more. DeFi Development is holding strong too, with 1.18 million SOL, and they’re running their own validators, getting their hands dirty maintaining the network.
Then there’s SOL Strategies and Torrent Capital, stacking hundreds of thousands of SOL each.
Even education tech player Classover Holdings is looking to raise a fat $500 million to dive headfirst into the Solana treasury game.
Altogether, that’s over 3.5 million SOL quietly parked on corporate books. Quite a lineup, huh.
Vote of confidence
Why Solana, you ask? Bitcoin’s the digital gold, a static stash. Debasement-resistance, fixed supply, permissionless network.
But no yield. Solana ? It pays you to play ball. Thanks to its Proof-of-Stake system, SOL holders are rewarded for locking up coins and securing the network. Stakeholder capitalism at its finest.
For CFOs stuck in an inflationary nightmare, this is like finding a money-printing machine under their desks.
The coins not only have a chance to appreciate but also pay out steady yields, turning idle assets into income streams.
But as always, there are hurdles, like the SEC’s occasional grumbles over Solana being called a security, gnarly accounting rules forcing quarterly market value reports, and the haunted memories of 2022’s network outages.
But since 2024, resilience is on the rise. Companies staking treasuries now signal fading fears, a big, big vote of confidence.
A new financial rail
Some even say this isn’t just about staking rewards. A partnership with enterprise blockchain giant R3 connects Solana to real-world assets held on regulated platforms used by HSBC and Bank of America.
That’s trillions in play, guys. These companies betting on SOL are aiming to turn corporate treasuries into active players in the digital economy.
So, while you’re sipping your morning coffee and dealing with your Excel sheets, remember this, corporate finance isn’t sleeping, it’s staking, validating, and turning Solana into the new financial rail. And if you blink, you might just miss the train.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
