Solana Company's board of directors approved a $100 million stock buyback program.

Solana Company (NASDAQ: HSDT), the digital asset treasury company behind SOL, announced that its board of directors has approved a share repurchase program to buy back up to $100 million of the company's outstanding common stock. Executive Chairman Joseph Chee stated, "Sometimes the best expected return on our capital is to repurchase our own shares in order to maximize our holdings of SOL."