PHXvsHSDT
Phoenix Group PLC vs Solana Company
Side-by-side Solana treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
PHX
Phoenix Group PLC
🇦🇪 AE
508,074 SOL
$42.6M market value
HSDT
Solana Company
🇺🇸 US
2,064,717 SOL
$173.1M market value
Metric
PHX
HSDT
SOL holdings
508,074 SOL
2,064,717 SOL
Market value of SOL
$42.6M
$173.1M
Average cost per SOL
—
$230.31
Total cost basis
—
$529.7M
mNAV (market cap ÷ SOL value)
3.87×
0.49×
Last disclosed purchase
—
10/29/2025
Country
🇦🇪 AE
🇺🇸 US
No tracked purchases yet
- 10/29/2025+100,000 SOL$19.4M
- 10/6/2025+1,439,810 SOL$334.7M
- 9/22/2025+760,190 SOL$175.6M
PHX vs HSDT: frequently asked
Which company holds more Solana, PHX or HSDT?▾
Solana Company (HSDT) holds 2,064,717 SOL, compared to Phoenix Group PLC's (PHX) 508,074 SOL — roughly 4.1× more.
What's the total Solana value on the balance sheets of PHX and HSDT?▾
PHX holds $42.6M worth of Solana at current market prices. HSDT holds $173.1M.
Who has a lower cost basis per SOL, PHX or HSDT?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did PHX last buy Solana?▾
PHX's last SOL purchase isn't in our tracked history yet.
When did HSDT last buy Solana?▾
HSDT disclosed a 100,000 SOL purchase on October 29, 2025.