Multiple publicly traded companies are strategically increasing their Solana (SOL) investments to capture staking rewards, showcasing a growing institutional trend in blockchain yield generation. Leading corporations including Bit Mining, Upexi, and DeFi Development Corp. are directing substantial capital toward SOL acquisitions for passive income.
The collective SOL holdings of the four largest corporate investors now exceed 3.5 million tokens, equivalent to over $591 million. This positions them at approximately 0.65% of Solana’s circulating supply—a significant concentration of institutional capital in the ecosystem.
Upexi dramatically scaled its position in July, escalating from 735,692 SOL to upwards of 2 million tokens, generating roughly $65,000 daily through its 8% staking yield. Concurrently, DeFi Development Corp augmented its holdings by acquiring 110,446 SOL, reaching over 1.2 million tokens in cumulative investments.
Bit Mining separately committed $4.5 million to purchase 27,191 SOL for staking operations. Looking ahead, the firm announced intentions to raise $300 million in funding to deepen its engagement within Solana’s blockchain ecosystem.