According to @MilkRoadDaily, Sharps Technology has raised $400M to invest in SOL and intends to scale the vehicle to $1B (source: @MilkRoadDaily, Aug 29, 2025). The same source reports Galaxy Digital and Pantera Capital each announced plans to raise $1B+ Solana treasuries earlier this week (source: @MilkRoadDaily). This sets up $3B+ of potential dedicated SOL-buying capacity if fully raised, a material order-flow catalyst traders should monitor across spot liquidity, perp funding, and basis spreads (source: @MilkRoadDaily). The source does not provide deployment timelines or mandate specifics, so execution pace and sizing remain unknown, a key factor for trade timing and risk management (source: @MilkRoadDaily).

According to @VanessaGrellet_, the team behind @stsssol has raised the largest SOL treasury to date, as stated in her post on X dated Aug 25, 2025 (source: @VanessaGrellet_ on X, Aug 25, 2025). According to @VanessaGrellet_, the announcement did not disclose the raise amount, participating investors, or lock-up terms (source: @VanessaGrellet_ on X, Aug 25, 2025). According to @VanessaGrellet_, the wording indicates a SOL-denominated treasury, establishing a new benchmark within the Solana ecosystem (source: @VanessaGrellet_ on X, Aug 25, 2025).