• Seventeen firms hold 11.7 million SOL, showing growing corporate interest in Solana holdings.
• Galaxy Digital bought 5 million SOL and moved most of it to Coinbase Prime for secure custody.
• Solana price rose 2% as companies continued to add large amounts of SOL to their treasuries.

Recent data from SSR reveals that 17 firms hold strategic Solana (SOL) treasuries worth $2.85 billion. These companies collectively control 11.739 million SOL. This amount represents 2.04% of the circulating supply. Of this total, 585,059 SOL are staked, valued at $104.1 million.  

The staked portion yields an average return of 6.86%. The rapid accumulation reflects strong institutional confidence in Solana’s long-term value.

Holdings Surge Over Seven Days

In just one week, corporate SOL holdings saw a sharp increase. On September 6, firms held 11.02 million SOL. This increased to 11.12 million on the 7th of September and 11.279 million on the 8th of September. 

On September 11, the number had risen to 11.651 million and reached 11.777 million the next day. The steady increase shows cumulative growth by the big investors. Multiple sectors are participating, including public companies, digital asset firms, and biotech organizations.

Top Firms Lead in Volume and Value

Public companies hold the top three positions in SOL ownership. Sharps Technology Inc. leads with 2.14 million SOL, valued at $517.4 million. DeFi Development Corp follows closely with 2.028 million SOL worth $490.3 million. The firm has staked 158,886 SOL. Upexi Inc. ranks third, holding 2 million SOL worth approximately $483.2 million.

Several firms own over 1 million SOL. These include Forward Industries, Galaxy Digital Inc., Mercury Fintech, and Ispecimen Inc. Their holdings range between 1 million and 1.45 million SOL. Sol Strategies Inc. has the most staked SOL among all firms. It has 426,173 SOL staked from a total of 433,319 SOL. On September 9, SOL strategies gained authorization from Nasdaq Listing to trade under the ticker symbol STKE.

New Purchases Add to Momentum

Galaxy Digital recently added nearly 5 million SOL to its reserves. A large portion of these tokens moved to Coinbase Prime. The firm still holds over 219,000 SOL in its wallet. Upexi and BIT Mining also increased their positions this week. Upexi purchased 18,000 SOL. Earlier this year, Upexi raised $100M via PIPE led by GSR to accumulate and stake Solana as part of its new crypto treasury strategy, causing shares to surge over 400%. BIT Mining also added 17,221 SOL.

Forward Industries raised $1.65 billion through PIPE financing. The funds will support the expansion of its Solana treasury. Solana’s price responded to the buying trend with a 2% increase in 24 hours. The asset now trades at $242.16. It holds a $131.37 billion market cap, with current volatility at 6.43% and supply inflation at 16%.