Nasdaq-Listed Firm Raises $1.65B to Launch Solana Treasury, Shares Surge 128% Pre-Market

In a significant financial move, a Nasdaq-listed company has successfully raised $1.65 billion to establish a new treasury dedicated to Solana, a prominent blockchain platform. Following the announcement of this development, the firm's shares experienced a remarkable surge of 128% in pre-market trading, reflecting investor enthusiasm and confidence in the potential of Solana's ecosystem. This fundraising effort marks a pivotal moment for the company as it seeks to leverage the growing interest in cryptocurrency and blockchain technologies, positioning itself at the forefront of innovation in the digital asset space. source: https://www.coindesk.com/business/2025/09/08/nasdaq-listed-firm-raises-usd1-65b-to-launch-solana-treasury-shares-surge-128-pre-market