Solana Company, a Nasdaq-listed firm focused on accumulating SOL, reported a second-quarter 2026 net loss of about $30.3 million, or $0.38 per share, even as staking on its SOL treasury generated roughly $2.5 million in revenue. The latest earnings report described the shares as trading under ticker DAT, while earlier topic details referred to HSDT. The quarter also included the launch of its first institutional validator cluster in Tokyo, a partnership with the Jito Foundation to expand institutional-grade infrastructure across Asia-Pacific, and a memorandum of understanding with the Administration of Alatau City, Kazakhstan, on blockchain infrastructure, enterprise adoption, education, research and policy development. Revenue totaled $2.526 million, including $2.512 million from staking and $14,000 from other sources, while gross profit reached $2.4 million with a roughly 97% gross margin. Net loss widened from $9.8 million a year earlier as general and administrative expenses rose and digital asset-related losses weighed on results, despite a $3.1 million gain on the sale of its legacy PoNS business. The company also raised $7.9 million in net proceeds through a registered direct offering, repurchased about $2.3 million of shares during the quarter, and reported total assets of $176.1 million at June 30, 2026. SOL was trading at $75.32, down 1.11%, according to CoinMarketCap at the time of writing.