Whale swallowing Solana: Helius plans to spend $6 billion to acquire 5% of SOL! Will the DAT model disrupt the valuation of the Solana ecosystem?

The Digital Asset Treasury Company (DAT) Helius announced an ambitious plan to consider acquiring at least 5% of Solana (SOL), worth over $6 billion. This move aims to build an asset reserve focused on Solana. Joseph Chee, who leads the SOL treasury strategy, stated that the company will initiate the acquisition once market valuation and regulatory requirements are met. At the same time, Helius plans to establish Hong Kong as its second listing location within six months and believes that the Decentralization Asset Treasury (DAT) is an important bridge and infrastructure for guiding funds into the encryption sector.

Institutional Giants Enter: Helius Aims for 5% Solana Stake

Helius, led by former UBS investment banking Asia Pacific head Joseph Chee, is driving a significant initiative that could reshape the market structure of Solana.

· Acquisition Target: Helius plans to acquire at least 5% of Solana tokens, which, based on the current market valuation, will be worth over $6 billion. Joseph Chee, the strategic head of the Solana treasury, confirmed this target.

· Company Transformation and Financing: Joseph Chee acquired the former medical technology company Helius and transformed it into a digital asset treasury company (DAT). Last month, the company successfully raised 500 million USD, specifically for the construction of the Solana treasury.

· Management background: Zhu Junwei, the executive chairman of Helius Solana Company (HSDT) and former head of UBS Investment Bank in Asia, proposed the goal of acquiring 5% SOL. Chee, who founded Summer Capital and served as head of UBS's Asia Investment Banking Division, brings a strong traditional finance background that provides institutional-level endorsement for Helius's strategy.

Interpretation of DAT Model: The "Flywheel" Effect of Guiding Capital Flow

The Digital Asset Treasury Company (DAT) is seen as a key infrastructure connecting traditional finance and encryption.

· The role of DAT: Zhu Junwei believes that DAT is a "bridge" and is the "infrastructure that guides the flow of funds." By continuously issuing and entering the market, DAT company can continuously enhance the value of the tokens it holds.

· Financing structure: Encryption treasury companies typically raise capital by issuing common stock, convertible bonds, preferred stock, or even call options to purchase digital assets.

· "Flywheel": Junwei describes the continuous issuance and market entry of DAT as a "flywheel" effect, pointing out that the stock price of DAT is generally higher than its Net Asset Value (NAV).

· Key to Success: Junwei emphasizes that the success of a DAT depends on being built on a "technically sound currency" and having a "strong management team."

The Low Awareness and Technical Advantages of Solana

Despite institutional and technological data showing that Solana has great potential, its recognition in the mainstream market remains relatively low.

· Low market awareness: Junwei admitted that Solana's recognition in the current market is relatively "low", with only a few DAT companies currently accumulating Solana. For example, recently Brera Holdings PLC announced the establishment of a DAT company focused on Solana, Solmate, through a $300 million private placement.

· Performance beyond Ethereum: Junwei pointed out that Solana's processing capacity has surpassed Ethereum, with a transactions per second (TPS) exceeding 1,500.

· Asian Strategic Cooperation: Helius Solana Company has partnered with the Solana Foundation to engage in in-depth ecosystem-level collaboration in the Asian region. Junwei believes that DAT needs to face Wall Street and "clearly explain and analyze data in their language" to gain trust.

Market Outlook and Risk Warning: Hong Kong Will Be the Second Stop

Helius actively embraces the international market and remains vigilant about the risks of the DAT model.

· Hong Kong listing plan: Helius plans to make Hong Kong its second listing location, with Joseph Chee stating that it could enter "as soon as within six months."

· DAT Risk Warning: Junwei warns that not all DAT companies can perfectly replicate or outperform their underlying cryptocurrencies. He cites the example of the Japan-listed Bitcoin DAT Metaplanet, whose stock price quadrupled from May to June, but has recently halved, showing a significant deviation from Bitcoin.

Conclusion

Helius plans to spend heavily to acquire 5% of SOL, which is not only a significant action at the capital level but also a key validation of the digital asset treasury (DAT) model within the Solana ecosystem. The traditional finance background of former UBS executives and the plan for a Hong Kong listing indicate that Helius aims to guide a substantial inflow of traditional funds into Solana using the language of institutional trust. Although market awareness remains low and the DAT model carries the risk of stock price deviation, Helius's success will bring sustained buying demand and value reassessment for Solana, propelling it to become a mainstream asset recognized by Wall Street and Asian institutions.

Disclaimer: This article is for news information and does not constitute any investment advice. The crypto market is highly volatile, and investors should make decisions cautiously.