The frenzy of corporate companies establishing crypto treasury firms continues at full speed in 2025. According to a report by The Information earlier this evening, Pantera Capital, one of the most well-known companies in the crypto world, is also preparing to hop on the Solana train.
According to the news, Pantera aims to raise $500 million in the first phase. Later, investors will be granted the right to purchase shares of the established Solana company at a certain price, based on a $750 million investment. If the shares of this Solana treasury company rise, the firms that invested will be able to exercise their right to buy shares at a low price. It is stated that the total investment of $1.25 billion will be entirely used to acquire Solana.
The new company is expected to be named “Solana Co.” The newly established company will be created by acquiring and transforming another company listed on Nasdaq.
As a reminder, there were news yesterday that many companies were transitioning to the Solana treasury strategy.
It was stated that Galaxy Digital, Jump Crypto, and Multicoin Capital are jointly developing a $1 billion strategy, while another company named Sharp Technologies is looking to develop a $400 million Solana strategy.
Pantera Capital has recently invested in the companies XXI and Bitmine, known for their Bitcoin and Ether purchases.
Published: August 26, 2025 08:35Last Updated: August 26, 2025 08:44
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Pantera is coming to Solana with 1 billion dollars.
The frenzy of corporate companies establishing crypto treasury firms continues at full speed in 2025. According to a report by The Information earlier this evening, Pantera Capital, one of the most well-known companies in the crypto world, is also preparing to hop on the Solana train.
According to the news, Pantera aims to raise $500 million in the first phase. Later, investors will be granted the right to purchase shares of the established Solana company at a certain price, based on a $750 million investment. If the shares of this Solana treasury company rise, the firms that invested will be able to exercise their right to buy shares at a low price. It is stated that the total investment of $1.25 billion will be entirely used to acquire Solana.
The new company is expected to be named “Solana Co.” The newly established company will be created by acquiring and transforming another company listed on Nasdaq.
As a reminder, there were news yesterday that many companies were transitioning to the Solana treasury strategy.
It was stated that Galaxy Digital, Jump Crypto, and Multicoin Capital are jointly developing a $1 billion strategy, while another company named Sharp Technologies is looking to develop a $400 million Solana strategy.
Pantera Capital has recently invested in the companies XXI and Bitmine, known for their Bitcoin and Ether purchases.
Published: August 26, 2025 08:35Last Updated: August 26, 2025 08:44