According to @MilkRoadDaily, @stsssol accumulated about $400M of SOL in the first week as it builds a digital asset treasury (source: @MilkRoadDaily). According to the same source, an ATM is planned that it says will increase buying power, making SOL and the $STSS ticker key watch items for volume and liquidity shifts (source: @MilkRoadDaily).

According to Crypto Rover, the strategy has nearly exhausted its $21 billion At-The-Market (ATM) program in less than six months, indicating a rapid capital deployment pace that could impact liquidity and supply in related crypto assets (source: Crypto Rover on Twitter, April 28, 2025). Traders should monitor potential shifts in market sentiment and price action as the end of this large-scale ATM program may lead to decreased selling pressure, affecting short-term volatility and trading opportunities in associated tokens.