Meet the Public Companies Sitting on $591 Million Worth of Solana

Key Points

1. The combined stake of the four companies represents nearly 0.65% of Solana’s circulating supply and about 0.58% of the total supply.

2. Upexi, Inc. leads with 1.9 million SOL acquired over four months at an average price of $168.63 per token, totaling a $320.4 million investment.

3. DeFi Dev. holds 1,182,685 SOL at an average cost of $137.07, with an estimated $36.8 million in unrealized gains, and continues to expand its position.

4. SOL Strategies holds 392,667 SOL acquired through dollar-cost averaging between June 2024 and July 2025, with a current valuation of $66.0 million and $3.9 million in unrealized gains.

5. Torrent Capital holds 40,039 SOL purchased in early 2025, with a $0.2 million gain and a current stake valued over $6.7 million.

6. Solana (SOL) has climbed over 14% in the past month, trading above $180 amidst a broader market surge.