Solana Co
How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.
The bars are a balance on the closing date; the lines are what happened during the year. Revenue above equity is ordinary, not an anomaly — it means the company turns its capital over more than once a year.
Major managers that reported this stock in their latest 13F.
▼ -100.0% over 5Y.
today you would have $0.01▼ -100.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 12 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $2.89 | $502.50 | $6,029.25 | $11,512.50 | $194,625.00 | $494,812.50 | $1,273,125.00 | $12,022,500.00 | $16,170,000.00 | $9,043,125.00 | $5,729,062.50 | $15,789,375.00 | |
| P/S | 23.4x | 26.4x | 7.9x | 11.1x | 11.0x | 37.7x | 46.4x |
P/E and P/B say nothing about a company like this: many have no operating profit, and what shows up on the earnings line is the revaluation of their own bitcoin. The question that remains is whether buying the stock is cheaper or dearer than buying the crypto directly.
Enterprise value — market cap plus net debt plus preferred stock — is 41% below the crypto the company holds. A discount usually says the market distrusts the wrapper: dilution, costs, whether it will ever sell.
Market cap ÷ crypto, ignoring debt and preferred stock. It is the number most trackers show — and it flatters leveraged companies, because creditors and preferred holders rank ahead of common shareholders on the same coins. The gap between the two is what common shareholders do not own.
The amount of SOL on the Jun 30, 2026 balance sheet, at today’s coin price. That filing said $170.62M — the amount has not changed since, but what it is worth has.
Market cap plus net debt plus preferred stock, at the Sep 28, 2026 price: what it costs to buy the whole company today.
Both lines move every day. The company side is the day’s share price times the share count from the last filing; the crypto side is the amount of SOL implied by that same filing, marked at the day’s coin price. The amount only changes when the company buys or sells — which is quarterly — but what it is worth changes daily, and that movement is what the ratio measures. The amount is re-derived at every filing, so the line passes exactly through each reported figure: a purchase the company made without announcing shows up as the step at the next filing, and does not accumulate as error.
The crypto side is marked to market: the amount from the last filing, at today’s coin price. It assumes the company has not bought or sold since — when it has, the next filing corrects it, and that correction is the step you see in the chart. Filed figures, not independently verified holdings.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| SBFGSb Financial Group Inc | $27.66 | 10.4x | 1.2x | 2.31% | 11.95% | $172.96M |
| TAVITavia Acquisition Corp. | $10.70 | 66.9x | — | — | — | $170.35M |
| PONOPono Capital Four, Inc. | $10.01 | — | — | — | — | $173.65M |
| NAKANakamoto Inc. | $9.72 |
Solana Company operates as a listed digital asset treasury. The company enhances Solana tokens per share on the commercially viable blockchain for decentralized finance and consumer applications. It also focuses on neurological wellness. In addition, the company offers Portable Neuromodulation Stimulator, a non-implantable medical device, which delivers mild electrical stimulation to the surface of the tongue to provide treatment of gait deficit and chronic balance deficit. Solana Company is headquartered in Newtown, Pennsylvania.
Company description provided by Yahoo Finance.
| 20.4x |
| 503.0x |
| — |
| — |
| — |
| — |
| P/B | 3.5x | 0.5x | 3.9x | 3.0x | 1.1x | 1.7x | 7.9x | 5.2x | 24.4x | — | — | — | — |
| EPS | -$1.85 | -$3,282.26 | -$10,920.00 | -$39,097.50 | -$276,750.00 | -$442,500.00 | -$487,125.00 | -$1,653,750.00 | -$1,968,750.00 | -$787,500.00 | -$1,115,625.00 | -$196,875.00 |
| Profit margin | -1962.86% | -679.57% | -2258.08% | -1374.22% | -1788.06% | -3473.56% | -2137.67% | -653.81% | -5988.08% | — | — | — | — |
| ROE | -231.56% | -13.59% | -1108.78% | -376.60% | -172.64% | -161.09% | -365.02% | -167.63% | -290.47% | — | — | — | — |
Median, not average: a single year of near-zero profit produces a P/E of 400 and would drag an average on its own. P/E years above 200x are left out, the same cut the fair price uses — so this median matches the “its own history” method below. Price and EPS have no median: they are series that grow.
| — |
| 0.7x |
| — |
| -343.26% |
| $173.94M |
| STEXStreamex Corp. | $0.77 | — | 0.3x | — | -696.88% | $174.07M |
| FTHAForefront Tech Holdings Acquisition Corp | $9.97 | — | — | — | — | $174.84M |