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MORNING BRIEF ☕️: Solana Company reported a $30.3M Q2 loss, while revenue jumped to $2.5M from just $43K a year earlier, driven almost entirely by staking. The company earned 31,200 SOL in staking rewards during the quarter and automatically restaked them.
Beyond its SOL treasury, the company is building institutional infrastructure around validation, staking and advisory services, with its first validator cluster now live in Tokyo. Q2 also brought $7.9M in institutional funding and $2.3M in share buybacks. ⚡️
https://x.com/ShillGuard/status/2088866644739145808