The crypto market is a race, and the spotlight’s on Solana. You wanna know what’s cookin’?
Public companies are piling into Solana’s treasury like it’s the last slice of pizza in the break room.
Millions
So, how did we get here? Bitcoin was the kingpin for corporate crypto treasuries, but the big boys want more than just a slice of that pie, they want to earn while they hold.
That’s where Solana’s staking rewards come into play. Firms are staking it, locking it up to rake in daily yields.
It’s like lending, and interest every day, yeah, that’s the kinda reward we’re talkin’ about.
Now, the players are relatively well-known names. Bit Mining, a company known for Bitcoin mining, just made its debut Solana purchase, 27,191 SOL tokens for $4.5 million, and launched its own validator to score those sweet staking yields.
Then there’s Upexi, a supply chain brand owner, who apparently had a July binge-buy session, upping their Solana stash from about 735K tokens to 2 million.
DeFi Development Corp wasn’t sitting idle either, increasing its holdings by over 110,000 tokens, bringing them to a solid 1.29 million SOL.
Validators
CoinGecko’s experts revealed that the top four firms hold more than 3.5 million Solana tokens, valued at nearly $591 million.
That’s almost 0.65% of the entire circulating supply. To put it simply, these companies hold a serious chunk of Solana’s pie. But it’s not just about stashing coins in a drawer.
DeFi Development shifted gears from real estate financing into the crypto game, staking their SOL holdings across multiple validators.
Upexi’s CEO called July game-changing, thanks to a $200 million raise to bulk up their SOL and turn those tokens into daily revenue, at about $65K a day with 8% yield. That’s likely more than your company’s average coffee budget. Way more.
In July, we raised over $200 million and grew our Solana holdings by over 172% to 2 million $SOL Here’s to another great month.
For more details:https://t.co/sG5hb2mKbE
— Allan Marshall (@UpexiAllan) August 5, 2025
Bit Mining’s top dog, Bo Yu, didn’t mince words. This first validator thing is their opening act in the Solana ecosystem, aiming to lay down infrastructure for growth, security, and decentralization.
They’re even planning to raise $300 million toy around with that Solana treasury.
Steady yield
So why now, yo may ask? BitGo’s June report nails it, companies want to stand out.
Bitcoin was the pioneer, yes, but now it’s about reward-generating assets that do more than sit pretty on balance sheets. Staking offers a steady yield, passive income.
Right now, Upexi is the alpha, followed by DeFi Development and Canada’s SOL Strategies, which is focused on Solana infrastructure.
The message is loud and clear, staking rewards may the new gold rush, and these corporate players are betting big on Solana’s future.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: August 7, 2025 • 🕓 Last updated: August 7, 2025
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