Coinbase的一份新報告顯示，越來越多的公司在Solana投資

這反映了MicroStrategy和其他公司的比特幣積累計劃。該報告確定了在2025年進行大量索拉納投資的兩家非透明企業（和一家加密貨幣公司）。

Coinbase's latest report highlights a growing trend of corporations investing heavily in Solana, mirroring the Bitcoin accumulation program from MicroStrategy and other firms.

Coinbase的最新報告強調了公司在Solana投資大量投資的趨勢，反映了MicroStrategy和其他公司的比特幣累積計劃。

While Coinbase's report focuses on the market comparison between Bitcoin and Ethereum, it also identified two non-crypto firms (and one crypto one) that made substantial Solana investments in 2025.

儘管Coinbase的報告重點介紹了比特幣和以太坊之間的市場比較，但它還確定了兩家在2025年進行大量Solana Investments的非Crypto公司（以及一家加密貨幣公司）。

After earlier volatility, Solana is ending April 2025 with bullish momentum. Most recently, it surpassed Ethereum's staking market cap, as transaction volume is soaring on the blockchain.

較早的波動之後，索拉納（Solana）以看漲的動力結束了2025年4月。最近，它超過了以太坊的積分市值，因為交易量在區塊鏈上飆升。

Coinbase's report identified two non-crypto firms, Janover and Upexi, that are investing in a similar fashion to MicroStrategy's Bitcoin strategy.

Coinbase的報告確定了兩家非克雷普托公司Janover和Upexi，它們的投資方式與MicroStrategy的比特幣戰略類似。

"The same approach as Strategy is being copied and applied to Solana by companies including real estate financing company Janover (whose shares were bought by former Kraken executives) and Nasdaq-listed supply-chain management company Upexi," said David Duong, Coinbase's Global Head of Research.

Coinbase全球研究主管David Duong說：“與房地產融資公司Janover在內的公司（由前Kraken前高管購買的股票）和納斯達克上市的Supply-Supply-Supply-Supply-Supply-Supply-Supply-Supply-Supply-sepplion-upexi收購了與策略相同的方法。”

Janover has reportedly raised $42 million in convertible notes to establish a Solana reserve treasury, while Upexi secured a $100 million private placement, over 90% of which was earmarked for accumulating and staking SOL.

據報導，Janover籌集了4,200萬美元的可轉換票據來建立​​索拉納儲備財政部，而Upexi獲得了1億美元的私人安置，其中90％以上是用於累積和固定溶膠的指定。

Coinbase compared these moves to new corporate Bitcoin holders like Twenty One Capital, though on a much smaller scale.

Coinbase將這些舉動與新的公司比特幣持有者（如Two -Twy One Capital）進行了比較，儘管規模較小。

"The interest in Bitcoin from larger corporations like hedge funds and private equity firms continues to grow, with new, large-scale Bitcoin holders like Twenty One Capital (which is launching with over 42,000 BTC, or $3.97 billion at today’s prices) entering the scene," the report stated.

報告說：“對沖基金和私募股權公司等大型公司的興趣繼續增長，新的大規模比特幣持有人（如二十一家）（以超過42,000 BTC的成立，或以當今價格啟動了39.7億美元），進入了現場。”

Overall, Bitcoin is definitely the preferred cryptoasset for these major players, but interest in Solana is growing.

總體而言，比特幣絕對是這些主要參與者的首選加密助理，但對Solana的興趣正在增長。

"Upexi, Janover, and SOL Strategies (which recently disclosed a $500 million convertible notes issuance to buy Solana tokens) are quite small compared to Twenty One Capital, which is launching with $3.97 billion in assets under management."

“ UPEXI，Janover和Sol Strategies（最近披露了一張5億美元的可轉換票據以購買Solana代幣）很小，而二十一資本的資本則以39.7億美元的管理資產推出。”

Still, Coinbase considers this trend noteworthy. As one of the largest global exchanges, Coinbase monitors emerging market movements closely and regularly publishes research across key crypto sectors.

儘管如此，Coinbase仍認為這一趨勢值得注意。作為全球最大的交易所之一，Coinbase密切監視新興市場的發展，並定期發布跨關鍵加密領域的研究。

The entry of corporate players into Solana could signal the beginning of a broader shift, although it remains in its early stages.

儘管它仍處於早期階段，但企業參與者進入Solana可能會表明更廣泛的轉變。

To be clear, the activity so far is limited. A real estate financing firm and a supply chain management company buying Solana do not suggest a major institutional migration.

需要明確的是，到目前為止的活動是有限的。房地產融資公司和購買Solana的供應鏈管理公司並不建議進行主要的機構移民。

Sustained growth and broader adoption would be needed before Solana's corporate reserves could meaningfully impact the larger cryptoasset landscape.

在Solana的企業儲備可能會有意義地影響更大的加密和景觀之前，需要持續增長和更廣泛的採用。