PANews reported on October 21st that, according to CoinDesk , Pantera-backed Solana Company ( HSDT, formerly Helius ), the SOL digital asset treasury, announced it would allow investors in its $ 500 million PIPE round to resell shares early, claiming it would " rip the band-aid . " The company's private placement in September was priced at $ 6.881 per share. Its current share price has fallen to approximately $ 6.50 , a cumulative drop of approximately 60% over the past three days, including a further 17% drop on Monday. The company stated that the early unlocking will clear out " weak hands " and strengthen its long-term shareholder base. The share prices of several digital asset treasuries have come under pressure since the PIPEs took effect, raising questions about the sustainability of this model.