Solana Company announces its voting positions on three Solana governance proposals ahead of upcoming on-chain voting.
Quiver AI Summary
On August 21, 2026, Solana Company (NASDAQ: HSDT) announced its voting positions on the first three Solana Governance Proposals (SGPs) in anticipation of the on-chain voting set to begin on August 22. The company supports SGP-0001, which focuses on ratifying the Solana Constitution, but opposes SGP-0002 and SGP-0003 due to concerns about the timing and potential impact on institutional adoption. Solana Company believes that maintaining consistent economic rules is crucial for attracting institutional participants to the Solana network. Although they see long-term merit in both proposals, the company argues that now is not the right moment to alter established parameters, as this could deter governance participation from institutions evaluating validator operations. Ultimately, the company aims to foster greater institutional engagement in Solana's governance and growth.
Potential Positives
- Solana Company supports the new Solana governance system, enhancing institutional participation and potentially strengthening the network's position as global financial infrastructure.
- The Company's voting positions are communicated transparently, empowering delegators with the knowledge to make informed decisions regarding their votes.
- The focus on maintaining consistent economic parameters aims to facilitate institutional adoption, which is crucial for Solana's continued growth.
Potential Negatives
- Concerns about the predictability and reliability of the Solana network's economic parameters may deter potential institutional adoption, which is crucial for the company's growth.
- The Company's opposition to governance proposals (SGP-0002 and SGP-0003) based on timing rather than intent may signal indecision or lack of alignment with broader governance goals, which could alienate stakeholders.
- The emphasis on consistent and predictable structures highlights existing instability, raising doubts about the long-term viability of the network's economic model in the eyes of potential investors and institutions.
FAQ
What are Solana Company's voting positions on the recent governance proposals?
Solana Company is voting FOR SGP-0001 and AGAINST SGP-0002 and SGP-0003.
Why does Solana Company support the Solana governance system?
The governance system allows transparent, stake-weighted voting, enabling institutions to partake directly in network decisions.
What is Solana Company's main concern with SGP-0002?
The company is concerned that reopening the settled schedule could create uncertainty for institutional participation.
How does Solana Company view SGP-0003's proposed resource fee structure?
The company believes that variable transaction costs introduce estimation risk, which can hinder budget planning for financial institutions.
What is Solana Company's mission regarding institutional adoption?
Solana Company's mission is to enhance institutional adoption of Solana, bridging public capital markets with blockchain viability.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HSDT Hedge Fund Activity
We have seen 19 institutional investors add shares of $HSDT stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PANTERA CAPITAL PARTNERS LP added 1,100,000 shares (+28.3%) to their portfolio in Q2 2026, for an estimated $1,815,000
- YORKVILLE ADVISORS GLOBAL, LP removed 785,000 shares (-72.4%) from their portfolio in Q2 2026, for an estimated $1,295,250
- COINFUND MANAGEMENT LLC removed 726,638 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,257,083
- HEL VED CAPITAL MANAGEMENT LTD removed 435,983 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $719,371
- SABA CAPITAL MANAGEMENT, L.P. added 250,841 shares (+384.7%) to their portfolio in Q2 2026, for an estimated $413,887
- FRANCHISE GP LTD removed 226,100 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $391,153
- GHISALLO CAPITAL MANAGEMENT LLC removed 223,051 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $368,034
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Solana Company (NASDAQ: HSDT), a listed digital asset treasury company and operator of institutional Solana validator infrastructure across Asia-Pacific, today announced its positions on the first three Solana Governance Proposals (SGPs) ahead of on-chain voting expected to open on 22 August 2026 :
- FOR — SGP-0001, The Solana Constitution
- AGAINST — SGP-0002, Double Disinflation Rate
-
AGAINST
— SGP-0003,
Resource and Inclusion Fee
Solana Company supports the new Solana governance system. By giving every staking participant a transparent, stake-weighted vote — and by guaranteeing that the underlying holder can always override the vote of its operator — it provides neutral infrastructure through which institutions can participate directly in the decisions that shape the network. That participation will strengthen Solana’s position as global financial infrastructure, and ratifying the Constitution (SGP-0001) is the right first step.
The Company will vote against SGP-0002 and SGP-0003 on grounds of timing, not intent. Both proposals pursue reasonable long-term goals — lower issuance and fees that better reflect network resources. However, this is a critical moment for institutional adoption of Solana, and capital markets place heavy emphasis on maintaining consistent rules.
In the Company's conversations with institutions, the level of issuance is rarely cited as an obstacle; more commonly, its uncertainty over whether the network's economics can be relied on over a multi-year horizon. Repricing the network's two most stable economic parameters in the governance process's first live cycle risks delaying institutions that are currently evaluating participation in validator operations and staking.
On SGP-0002: Solana's terminal inflation rate of 1.5% is already fixed, and the existing schedule already reaches it. The Company’s objection is not to lower issuance as an end state, but rather to reopening the settled, deterministic schedule. Staking yield is a reported financial line item — forecast, disclosed and audited — and for many holders it is operating cash flow. The Company would support a renewed disinflation discussion once there is evidence of sustained net inflow into SOL.
On SGP-0003: the Company agrees that a flat fee mismatches cost to network load, but today's fee is a known constant that financial institutions using Solana can budget in advance. Making transaction cost variable before the ecosystem has adapted transfers estimation risk to users and operators. The Company would revisit its position on a revised design that preserves a deterministic fee floor.
"We strongly believe that institutional adoption is a critical driver of Solana's growth, and institutions make decisions based on consistent, predictable structures. The positions we have outlined today are in support of furthering institutional adoption and we look forward to collaborating further with the industry to jointly shape the Solana network. Solana Company fully supports the SGP as an important foundation to attract more institutional participation in the growth and governance of the network." — Joseph Chee, Chairman and Chief Executive Officer, Solana Company
The Company states its voting positions openly and in advance so that delegators can exercise their own vote with full knowledge of their operator’s position.
About Solana Company
Solana Company (Nasdaq: HSDT) is a publicly listed digital asset treasury and infrastructure company purpose-built to maximize SOL per share. The company combines active treasury management, institutional-grade staking and validator operations with bespoke advisory services for financial institutions navigating blockchain adoption. Solana Company executes a self-reinforcing flywheel designed to compound value with every turn. The company's mission is to put more SOL behind every share, bridging public capital markets with the most commercially viable blockchain for institutions and financial applications. Visit https://www.solanacompany.co/ for more information.
Media contact:
M Group Strategic Communications (on behalf of Solana Company)
This statement describes Solana Company's governance voting position on the Solana network. It is not investment advice and is not a recommendation to buy, sell or hold any digital asset or security. It contains no forecast of the price of SOL or of the Company's results.
