01.10.2025 21:42
Following the revelation of an ambitious plan to amass a corporate treasury of up to $2 billion in Solana, the stock value of VisionSys AI (VSA), a publicly traded company specializing in artificial intelligence and brain-machine interfaces, experienced a dramatic downturn. On Wednesday, shares for the firm plummeted by as much as 57% at their lowest point before staging a minor recovery. Despite the severe single-day drop, which left the stock trading at a 40% loss, VSA's shares remarkably remain up by over 200% for the year to date.
To bring this formidable treasury strategy to life, Medintel Technology Inc., a wholly-owned subsidiary of VisionSys AI, has forged an exclusive partnership with Marinade Finance, a prominent decentralized finance protocol operating on the Solana network. The initial phase of this audacious strategy involves acquiring and staking $500 million worth of SOL over the next six months. This move is presented as the first step toward the ultimate $2 billion goal, which the company asserts will significantly enhance its liquidity, fortify its balance sheet, and generate substantial long-term value for its shareholders.
Heng Wang, the Chief Executive Officer of VisionSys AI, framed the move as a landmark initiative, stating that it represents a "once-in-a-generation opportunity to integrate digital assets into our corporate DNA." He elaborated that this partnership firmly positions VisionSys as a trailblazer in the nascent field of AI-driven blockchain treasury management. "By leveraging Marinade’s unparalleled expertise," Wang added, "we are not just strengthening our treasury; we are building a foundation for the future."
In response to inquiries about funding such a substantial purchase, a company spokesperson, according to internet sources, outlined a "diversified model" that leverages both structured financing and equity to maintain flexibility and transparency. This strategy, however, is set against a backdrop of the company's recent financial disclosures. A filing with the SEC from May revealed that as of the end of the last fiscal year, VisionSys AI held a consolidated cash and cash equivalents position of merely $15 million, raising questions about the feasibility of its immediate acquisition targets.
