{"id":44243,"date":"2025-08-26T22:01:33","date_gmt":"2025-08-26T22:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44243"},"modified":"2025-08-26T22:01:33","modified_gmt":"2025-08-26T22:01:33","slug":"solanas-institutional-wave-builds-pantera-eyes-1-25-billion-treasury","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44243","title":{"rendered":"Solana\u2019s Institutional Wave Builds: Pantera Eyes $1.25 Billion Treasury"},"content":{"rendered":"<div>\n<p>Pantera Capital is seeking to raise $1.25 billion for a Solana treasury, adding to the wave of institutional momentum building behind the asset.<\/p>\n<h2>Pantera Plans To Convert A Nasdaq-Listed Firm Into A Solana Treasury Vehicle<\/h2>\n<p>As first <a href=\"https:\/\/www.theinformation.com\/articles\/crypto-fund-pantera-seeks-raise-1-25-billion-solana-deal\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> by The Information, <a href=\"https:\/\/bitcoinist.com\/pantera-ceo-bitcoin-should-be-120000-today\/\" target=\"_blank\" rel=\"noopener \">Pantera Capital<\/a> is planning to raise funds to create a Solana treasury vehicle. Initially, the firm intends to raise around $500 million from investors. It will then put these funds into a Nasdaq-listed company, which will use them to buy SOL and convert into a treasury vehicle called \u201cSolana Co.\u201d<\/p>\n<p>Pantera Capital is an American venture capital and hedge fund specializing in digital assets and blockchain technology. The firm became the first to launch a cryptocurrency fund in the US back in 2013 and today, it manages over $4.8 billion in assets.<\/p>\n<p>In a letter earlier in the month, Pantera disclosed it has invested over $300 million in digital asset treasury (DAT) companies. The firm said its investment thesis was based on a simple premise: \u201cDATs can generate yield to grow net asset value per share, resulting in more underlying token ownership over time than just holding spot.\u201d<\/p>\n<p>Pantera is also an investor in medical firm Sharps Technology\u2019s bid to create a $400 million Solana treasury, according to a<a href=\"https:\/\/www.prnewswire.com\/news-releases\/sharps-technology-inc-announces-over-400-million-private-placement-seeking-to-establish-the-largest-solana-digital-asset-treasury-strategy-302537587.html\" target=\"_blank\" rel=\"noopener nofollow\"> press release<\/a> from Sharps on Monday. And now, it seems the company is making a more direct push in the treasury space with its latest proposal. Beyond the initial $500 million, the firm also plans to raise another $750 million through warrants. If the plan comes to fruition, Solana Co. would become the largest SOL treasury in existence.<\/p>\n<p>Interestingly, the report about Pantera comes just a day after <a href=\"https:\/\/bitcoinist.com\/galaxy-jump-multicoin-eye-solana-treasury-1-billion\/\" target=\"_blank\" rel=\"noopener \">another report<\/a> revealed that Galaxy Digital, Jump Crypto, and Multicoin Capital are planning a $1 billion SOL treasury.<\/p>\n<p>Upexi is currently the largest Solana treasury company with around 2 million tokens (about $383 million at the latest exchange rate), so the proposal from Galaxy and others would have already more than doubled the record. Now, Pantera\u2019s plan could surpass even that.<\/p>\n<p>The digital asset treasury model was popularized by Michael Saylor\u2019s <a href=\"https:\/\/bitcoinist.com\/strategy-just-flipped-its-bitcoin-playbook\/\" target=\"_blank\" rel=\"noopener \">Strategy<\/a> (formerly Microstrategy). Other companies soon followed by putting Bitcoin on their balance sheets, but recently, altcoins have started to get attention as well.<\/p>\n<p>With Galaxy and partners, Pantera, and Sharps all unveiling Solana treasury plans, there now seems to be a real shift in institutional momentum behind the cryptocurrency.<\/p>\n<p>So far, treasury companies have added around 0.75% of the SOL circulating supply to their holdings, according to data from institutional DeFi solutions provider <a href=\"https:\/\/x.com\/SentoraHQ\/status\/1960274018470109274\" target=\"_blank\" rel=\"noopener nofollow\">Sentora<\/a> (previously IntoTheBlock).<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/GzRKbZEWoAEgXbp?format=png&amp;name=small\" alt=\"Solana Treasuries\" width=\"623\" height=\"262\"><\/p>\n<p>From the chart, it\u2019s visible that the same figure sits at more than 9% for Bitcoin and about 3.4% for Ethereum. Thus, it seems SOL is still quite early in the treasury push.<\/p>\n<h2>SOL Price<\/h2>\n<p>At the time of writing, Solana is floating around $190, down over 3% in the last 24 hours.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium aligncenter\" src=\"https:\/\/www.tradingview.com\/x\/e49NvQkd\/\" alt=\"Solana Price Chart\" width=\"1486\" height=\"915\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pantera Capital is seeking to raise $1.25 billion for a Solana treasury, adding to the wave of institutional momentum building behind the asset. Pantera Plans To Convert A Nasdaq-Listed Firm Into A Solana Treasury Vehicle As first reported by The Information, Pantera Capital is planning to raise funds to create a Solana treasury vehicle. Initially, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44243","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44243"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44243\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}