AMOUNT OF SOLANA (SOL) HELD BY US COMPANIES HAS BEEN REVEALED
Headline takeaway: New summaries of the Strategic SOL Reserve dataset show that 13 US companies and institutions collectively hold roughly 8.27 million SOL — value near $1.7B at current market rates. Several corporate treasuries stand out, led by Sharps Technology (STSS) and Upexi (UPXI), which together account for a large portion of the disclosed corporate SOL position.
Today’s SOL price snapshot
As of publication (August 28, 2025), SOL is trading in the approximate range of $203–$213 on major spot trackers. Use live market feeds for exact quotes — crypto markets move quickly and the numbers below use end-of-day snapshots.
Where the numbers come from
The totals referenced in this post come from the Strategic SOL Reserve summaries compiled by market trackers and crypto reporters. Those datasets consolidate public filings, corporate disclosures, and verified on-chain holdings. At the time of writing, the list tracks 13 entities with a combined holding of about 8.27M SOL, which equates to roughly $1.7B–$1.76B depending on the exact spot price used.
Who stands out on the list
Sharps Technology, Inc. (NASDAQ: STSS) — ~2.14M SOL
Sharps Technology leads the disclosed corporate holdings with approximately 2.14 million SOL, a strategic treasury move that followed its multi-hundred-million dollar funding plans announced in late August 2025. At spot prices, that position represents a large nine-figure exposure and has been widely covered as a “Saylor-style” corporate treasury play into Solana.
Upexi, Inc. (NASDAQ: UPXI) — ~2.0M SOL
Upexi — a consumer and digital services platform — is reported to hold roughly ~2.0M SOL (some sources list 1.8M–2.0M depending on the snapshot). Upexi’s accumulation strategy was part of a broader corporate plan to allocate a sizable part of its treasury to Solana, drawing attention from investors and analysts.
Other notable corporate and institutional names
- DeFi Development Corp (DFDV) — holdings reported near the ~1.0M SOL range in recent tracking summaries.
- Sol Strategies Inc. (HODL) — smaller but material holdings in the low-hundreds-of-thousands SOL range, tied to ecosystem-support strategies.
- Several smaller digital asset firms and specialist issuers — tens to low hundreds of thousands of SOL each — make up the remainder of the 13-entity list.
Note: The exact counts vary across sources because corporate SEC filings, press releases, and on-chain settlements can be published at different times. This post uses the most recent, corroborated public coverage available at publication.
How large is 8.27 million SOL in context?
Aggregating to ~8.27M SOL makes the corporate cohort a meaningful buyer group. At $203–$213 per SOL, the group’s mark-to-market value sits around $1.7B. For perspective, this amount is small relative to total SOL circulating supply but sizable compared with prior corporate adoption trends — and symbolically important: public companies are increasingly treating SOL as treasury capital rather than merely a speculative position.
Why corporate treasuries are moving into SOL
- Portfolio diversification & yield hunting: After seeing corporate Bitcoin treasuries, some boards are exploring alternative digital assets with different risk/reward profiles.
- Performance & ecosystem momentum: Solana’s technical throughput, DeFi and NFT activity, and periodic price rallies make it an attractive alternative for allocations beyond BTC/ETH.
- Market structure improvements: Growing OTC liquidity, custody options, and potential ETF/spot product approvals make institutional ownership easier and safer.
Immediate market implications
- Liquidity & legitimacy: Public corporate disclosures can nudge other companies and institutional investors toward considering SOL exposure.
- Volatility risk: Corporate accumulation doesn’t remove price swings; SOL can and will still experience daily double-digit volatility at times.
- Signal to the market: These moves suggest a maturing market where corporate treasuries view crypto as an asset class — not just retail speculation.
What Solana’s price is doing right now
As noted earlier, SOL has been trading in the $203–$213 zone. Key technical levels to watch are:
- Support: $200 psychological level; below that, $180 historically acted as a deeper support.
- Resistance: $215–$220 area; clearing $220 comfortably could open the path toward $250+ in momentum scenarios.
What this means for investors
Corporate treasuries holding SOL have several implications for market participants:
- Greater visibility: Public companies holding SOL bring mainstream attention to the token and its ecosystem.
- Potential for increased institutional flows: As custody and accounting practices improve, more institutions could follow.
- Risk management remains crucial: Corporate backing does not eliminate drawdowns; position sizing and stop-loss plans remain important for traders.
Risks and caveats
- Data reliability: Third-party trackers and news summaries provide the best available picture, but numbers can be revised as filings and on-chain movements are updated.
- Deal risk: Some corporate accumulations are tied to financing arrangements (PIPEs, warrants). If funding terms change, token purchases could be delayed or altered.
- Regulatory uncertainty: SEC rules, accounting guidance, or future ETF approvals for SOL could speed or slow corporate adoption.
- Market clustering: If multiple corporate holders rebalance at similar price levels, it can amplify moves in either direction.
Frequently Asked Questions
Q: Who holds the most SOL among US companies?
A: Current public tracking points to Sharps Technology (STSS) as the largest disclosed holder at roughly 2.14M SOL, with Upexi (UPXI) also holding a multi-million SOL position.
Q: How many companies are on the Strategic SOL Reserve list?
A: The latest public summaries show 13 entities collectively holding around 8.27M SOL.
Q: Is the Strategic SOL Reserve an official registry?
A: No — it is a third-party data compilation that aggregates public filings, press disclosures, and on-chain signals to present an industry snapshot. Use it as directional, not definitive, evidence.
This article synthesizes public reporting on corporate SOL holdings and Strategic SOL Reserve summaries available at publication. Where possible we cross-checked between multiple reputable outlets and company disclosures. Numbers may update as companies file formal reports or as on-chain settlements occur.
US corporate holdings of Solana signal a new phase in institutional crypto exposure. While the cohort is small today — 13 entities holding ~8.27M SOL — the direction is clear: some corporates are experimenting with Solana as treasury balance-sheet assets. Watch for more filings, clearer custody solutions, and any regulatory developments that could shape the pace of adoption. As always, traders and long-term investors should size positions responsibly and stay informed with verified company disclosures.
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