$4B in Solana Treasuries as Firms Rebrand and Accumulate SOL

[etfs]

Public companies now hold nearly $4B in SOL, according to 21Shares, as multiple firms rebrand to become Solana treasury companies.

Brera Holdings recently became Solmate after a $300M raise, joining 18 entities holding 17.8M SOL total. Forward Industries leads with 6.82M SOL, followed by Sharps Technology with 2.14M.

The trend highlights growing institutional confidence in Solana and its expanding role in Web3 treasury management.