Helius Medical Stock Pops 8.5% After Hours On Solana Treasury Purchases
Posted On September 23, 2025
Helius Medical Technologies, Inc. (NASDAQ:HSDT) rallied in Monday’s after-hours trading after announcing a Solana (CRYPTO: SOL) purchase worth $175 million.
Helius Medical Kickstarts SOL Treasury Play
The stock popped over 8% in after-hours, reversing its losses during the regular trading session.
Helius Medical set its digital asset treasury strategy into motion, purchasing 760,000 SOL at an average price of $231, totaling $175.60 million.
The neurotech company said it holds in excess of $335 million of cash, which it plans to allocate toward future purchases.
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The acquisition …
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