# Solana Company Reports $3.4 Million in Q3 Revenue, Holds $288.2 Million in SOL By John Kim Canonical URL: https://www.tokenpost.com/news/business/55251 Published: 2026-11-12T10:38:51.000Z Updated: 2026-11-12T10:38:51.000Z Section: Business > Staking drove most of the quarter’s revenue, while net income included a $102.7 million unrealized gain on digital assets and digital assets receivable. Solana Company (Nasdaq: HSDT) reported $3.4 million in third-quarter revenue and held 2.4 million Solana (SOL) worth $288.2 million at Sept. 30. Revenue rose from about $700,000 in the year-earlier quarter, with staking driving most of the latest quarter’s revenue. Net income included a $102.7 million unrealized gain on digital assets and digital assets receivable. The company held about 2.4 million SOL across all categories at quarter-end. Solana Company priced a roughly $15 million [registered direct offering]() at about a 5% premium to net asset value and used the proceeds to buy SOL. ## Links in this article - [registered direct offering](https://www.tokenpost.com/news/business/26001)