💼 Public Companies Now Hold 591M in Solana — Institutional FOMO Goes On-Chain

From corporate treasuries to staking vaults, Wall Street-adjacent money is pouring into Solana — and four public companies now control nearly 0.65% of the network’s supply.

📌 Quick Take

• Total SOL held: 3,515,391
• Combined value: 591.1M
• Share of circulating supply: 0.65%
• Top holders: Upexi, Inc. • DeFi Dev. Corp • SOL Strategies • Torrent Capital
• SOL price: 180 (+14% last 30 days)

🏦 Who’s Holding What

Upexi, Inc.

• Holdings: 1.9M SOL
• Avg. price: 168.63
• Value: 319.5M (–0.9M from cost basis)
• Move: Staked 100% of tokens for 8% yield as of June 2025

DeFi Developments Corp (DeFi Dev.)

• Holdings: 1,182,685 SOL
• Avg. price: 137.07
• Value: 198.9M
• Gain: +36.8M unrealized
• Move: Accumulating aggressively, no signs of selling

SOL Strategies

• Holdings: 392,667 SOL
• Avg. price: 166.86
• Value: 66M
• Gain: +3.9M
• Move: Dollar-cost averaging + staking rewards

Torrent Capital

• Holdings: 40,039 SOL
• Avg. price: 161.84
• Value: 6.7M
• Gain: +0.2M
• Move: Early entry, now riding Solana’s rally

🚀 Institutional Accumulation Playbook

The common thread? Long-term positioning + yield farming.

• Upexi went all-in on staking — locking the bag for passive 8% APY.
• DeFi Dev. holds the most profitable pile, adding more on dips.
• SOL Strategies is playing the slow-and-steady game.
• Torrent Capital made its move early and is now coasting on unrealized gains.

The result: corporate entities are no longer just flirting with Solana. They’re baking it into treasury strategy — a move that’s historically been reserved for Bitcoin.

📈 Solana’s Price Context

SOL is up +14% in the past month, trading north of 180 as institutional demand collides with retail hype. These public-company holdings aren’t massive by BTC standards, but for Solana’s 90B+ market cap, 0.65% in institutional hands is a strong signal of confidence.

🌎 Bigger Picture

Public companies holding and staking SOL is more than just bullish optics — it’s a network health boost. Locked supply, reduced sell pressure, and institutional-grade validation all feed into Solana’s liquidity and legitimacy.

If this trend continues, SOL could shift from “alt-L1” to a fully institutionalized digital asset — joining the ranks of Bitcoin and Ethereum as a must-have for corporate treasuries.

TL;DR

Four public companies now control 591M worth of SOL (3.5M tokens), nearly 0.65% of circulating supply. From yield farming to dollar-cost averaging, the strategies vary — but the signal is the same: institutional Solana adoption is real, and it’s growing.