On Friday, Sept. 19, Nasdaq-listed Helius Medical Technologies (HSDT) announced the completion of a $500 million private placement to establish a Solana treasury reserve. The transaction included common stock and stapled warrants, structured to potentially raise more than $1.25 billion if all warrants are exercised. The $500 million investment, co-led by Pantera Capital and Summer Capital, places Helius’ crypto net asset value (NAV) second largest among Solana treasury entities, behind Forward Industries ...