Beijing-based VisionSys AI (VSA) announced a $2 billion Solana (SOL) treasury strategy, with plans to acquire and stake $500 million in SOL within six months. The initiative is led by VisionSys subsidiary Medintel Technology in partnership with Marinade Finance. VisionSys AI’s stock dropped 20% premarket but has risen over 300% since April. SOL was up 6% to $219, outperforming in a strong crypto market. The trend of public firms holding crypto on their balance sheets is growing, with companies like Strategy (MSTR) leading the way. Solana treasury firms collectively hold over $3 billion in SOL.

Read more at Yahoo Finance: Solana Gets Another Treasury Firm with $2B Plan Backed by DeFi Protocol Marinade