Aug. 17 at 7:09 PM
$HSDT
Solana Company reported Q2 revenue of
$2.5M — nearly all staking, up from
$43K YoY but a 14% miss on consensus.
Net loss came in at
$30.3M, driven by a
$25.4M realized loss on actual SOL sales and
$11.1M in G&A (including
$6.8M in severance). Staking yield beat the Solana network average by 46bps. Board rejected an unsolicited Forward Industries proposal in June.
https://prismmarketview.com/solana-company-reports-2-5-million-q2-revenue-as-digital-asset-treasury-pivot-builds-operating-infrastructure/