Solana Treasury Earns $2.5M in Staking Rewards But Still Needs Cash
Solana Company's treasury earned $2.512 million in staking rewards during the second quarter, but the funds were automatically restaked and did not provide operating cash.
The company used an estimated $11.892 million of cash for operations, highlighting that staking revenue alone cannot support the business.
Solana Company recognized a $25.389 million realized loss on digital assets, but this was an accounting charge rather than an equivalent cash outflow, and it does not reflect the company's actual operating costs.