Solana (HSDT) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Mon, May 18, 2026 astatine 7:58 AM CDT 21 min read

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DATE

Friday, May 15, 2026 astatine 4:30 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Choon Wee Chee

• Director and General Partner, Pantera Capital — Cosmo Jiang

• Chief Financial Officer, Treasurer, Secretary, and Chief Operating Officer — Madelene Gani

Full Conference Call Transcript

Choon Wee Chee: Thank you, Sarina. Good afternoon, everyone, and invited to Solana Company's First Quarter 2026 Earnings Call. I'm pleased to study connected different 4th of important advancement arsenic we proceed to physique retired our multifaceted integer plus treasury level and execute our Solana treasury strategy. Before diving into our strategical initiatives, I would similar to item cardinal additions to the Solana Company successful aboriginal April. We invited Madelene Gani arsenic our Chief Operating Officer and Deputy Chief Financial Officer; and contiguous announced that she volition service arsenic our Chief Financial Officer, Treasurer and Secretary. Madelene is joining america connected this net telephone for the archetypal time, and she volition beryllium presenting our fiscal results aboriginal successful the call.

In precocious April, we closed the strategical superior rise arsenic disclosed successful our nationalist filings. The incremental offering led by planetary instauration investor, Mirae, we information by HashKey marks an inflection constituent demonstrating some heavy committedness from starring APAC organization investors and the marketplace premium for our Solana strategy. Now turning to the archetypal 4th of 2026. In a 4th of crypto marketplace volatility and headwinds, I'm arrogant of our archetypal quarter's show and however we stayed focused connected execution with strategical usage of superior markets, on-chain opportunities and operational subject enabled the institution to maximize our SOL per shares during the archetypal quarter. Our archetypal 4th gross accrued exponentially from the anterior year.

Notwithstanding the volatility of Solara price, we stay resilient and continued our execution of generating accordant staking reward of 32,500 Solara tokens successful the archetypal 4th of 2026 compared to 34,000 Solara tokens successful the 4th fourth 2025. At Solara Company, we are gathering a diversified gross engine, architected to people organization request successful what we judge to beryllium 1 of the fastest-growing integer plus portion successful the world. We enactment the maturation of on-chain ecosystem done 3 integrated revenue-generating work lines. Advisory services, we supply bespoke advisory to accepted fiscal institutions and corporates, enabling them to unlock tangible concern worth done blockchain adoption. Second, validated infrastructure.