Solana Company Posts $30.3M Net Loss in Q2 as Staking Revenue Grows

BitcoinWorld Solana Company Posts $30.3M Net Loss in Q2 as Staking Revenue Grows Solana Company, a Nasdaq-listed treasury firm operating under the ticker DAT, reported a net loss of approximately $30.3 million, or $0.38 per share, for the second quarter.

The company, which focuses on accumulating Solana’s SOL token as its primary treasury asset, also generated around $2.5 million in revenue from staking its SOL holdings during the same period.

At the time of writing, SOL was trading at $75.32, down 1.11% over the past 24 hours, according to CoinMarketCap. Understanding Solana Company’s Business Model Solana Company is a relatively new entrant in the emerging category of digital asset treasury companies.

Unlike traditional corporations that hold cash or marketable securities, DAT is structured to hold SOL as its primary reserve asset, with a mandate to accumulate more tokens over time.