On the Helium proposal, I don't work there anymore but here's my take: Helium made two large, parallel bets: (1) Carriers will pay to offload to a decentralized network that fills coverage gaps. (2) Helium can build its own carrier, Helium Mobile, that offers cheaper prices than others due to the offload It was never explicitly stated, but (2) acted as a nice hedge for (1) being incorrect. If carriers won't use us, we'll use ourselves! So what happened? Well, this is a startup. Some bets win and some do not. The carrier offload bet won, there is massive PMF. Carriers agree to pay Helium more and more every year. On the other side, the Helium Mobile bet didn't go asymmetric. Free subscribers are expensive, but were the best subsidized bet to grow. Think about when Uber used to have $3 pools, nobody thought that was real but it grew them to the point of being unstoppable. HM made that bet, and all along the way it seemed like it could go parabolic. In places like New York with dense coverage, the Helium Network did meaningfully save HM money. Unfortunately, the expenses and distraction of running an MVNO do take a toll. It split focus. Helium Mobile was a swing for the fences, and while it didn't outright fail it was becoming a distraction from the bet that already had PMF; carrier offload! Leadership identified this gap and took action. HM was acquired, and the focus is now fully on offload and Noble Mobile is just another carrier using Helium. Now on to the proposal. Helium has PMF. We know this. But the age of subsidy is over, no more $3 Ubers. Hotspots need to get paid what carriers pay the network. I don't think this is controversial. The real controversial part is the one-time inflation. A network whose token is built on scarcity rightfully does not want a large inflation event. But here's the thing, Helium is at a meaningfully different stage. You can see it in the leadership change. Amir is the guy you want making large bets to find PMF. He's ruthless, driven, and not afraid to make controversial decisions. He's your 0 to 1 guy. Now look at Mario. He's smart, calculated, and has an MBA. He's your 1 to 100 guy. It's no longer a matter of "will this work" it's a matter of "put more money in to grow the network, yield more revenue." Mario knows how to do this scaling, and this scaling will not work without the inflation. Growth is not free. A business has operational costs that need to be covered. You want a navy seal team of salespeople onboarding hundreds of thousands of brownfield hotspots, and expanding to new countries? That costs money. So the network has a big decision here. It can stay in the scarcity mindset, mint no new tokens, and fizzle out as growth slows. Or it can take a risk and give the fire the fuel it needs to grow.

Today begins the next era of the Helium Network. We're live now with a leadership update, a refreshed vision, and a governance proposal for the community to decide on. Watch: x.com/i/broadcasts/1jGXggynk… Mario Di Dio (@didiomario) is stepping in as CEO and our founder, Amir Haleem (@amirhaleem), is moving to Chairman after over a decade building Helium from an idea into a Network millions connect through every day. Read the full story: blog.helium.com/the-next-era… Wireless is a trillion-dollar industry that’s cutting spend while demand keeps climbing. Indoor coverage is spotty, dense areas lack redundancy, and emergency services can't hop between networks. Helium is rebuilding it as an intelligent global infrastructure platform. A once-in-a-generation shift. With our consumer business in good hands at Noble Mobile, Helium can focus fully on the bigger opportunity: our Network business. Serving several carriers and growing, it carries verified traffic for millions, burns $HNT based on use, and is owned by those who deploy it. Today we're publishing a governance proposal to capitalize the opportunity, shift to utility-based rewards, support deployers with a floor, and add a community-elected oversight council. Read it in full: github.com/helium/HIP/blob/m… Shorter explainer here: helium.com/proposal This is a community decision, and we want the hard questions. Join Mario live now, then a Q&A at 3pm ET, with more sessions to follow. We'll be in Discord throughout: discord.gg/helium

Exclusive: Andrew Yang's cellular business Noble Mobile has acquired Helium Mobile. The 2020 presidential candidate said he plans to keep Helium's existing prices and service the same. Nova Labs will focus its business on carrier data offloading. Details: fortune.com/2026/06/02/andre…

When we founded Noble our vision was to help millions of Americans improve their relationship with their phone… reclaiming their time, attention, and wallet! Today we acquired Helium Mobile — which is a huge step in offering more affordable data to more Americans. Check out our message from our CEO @AndrewYang here: noblemobile.com/blog/2026/06… TLDR: This is great news, and if you’re a Noble member, your plan is staying just as awesome as it is now.

New: @AndrewYang's Noble Mobile has acquired Solana based @helium_mobile , with Noble committing to use the Helium Network for subscriber coverage. Helium says users will keep their numbers, coverage, app and SIMs, while solana:mb1eu7TzEc71KxDpsmsKoucSSuuoGLv1drys1oP2jh6 and solana:hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux token support will remain in the Helium Mobile app.

BREAKING: Solana-based @helium_mobile carrier has been acquired by @joinnoblemobile

NEW: Andrew Yang's Noble Mobile has acquired crypto-powered wireless carrier Helium Mobile, combining Noble's mobile service business with Helium's blockchain-based wireless network.

🚨 Big news: Helium Mobile has been acquired by @andrewyang's @joinnoblemobile Noble Mobile shares our core belief that connectivity should be affordable and accessible for every American. By joining forces, we can deliver on that promise for more people than either of us could alone, with an unrelenting commitment to putting money back in your pocket. As part of the deal, Noble Mobile will also use the Helium Network, expanding coverage for all of its subscribers across the US. Current Helium Mobile subscribers: your phone number and service aren't going anywhere. We've built this transition to be seamless, with the same nationwide 5G and Helium Network coverage you experience today. Full details: blog.heliummobile.com/noble

13/ @helium captured 84% of DePIN revenue. @Grayscale added HNT to its Q2 2026 Assets Under Consideration list, broadening Helium's institutional visibility. @rendernetwork's share rose to 8% as RNP-023 approved @Salad_Chefs' consumer GPU-sharing network as an exclusive subnet.

One of the top US carriers now lets its subscribers roam onto the Helium Network when they travel to Mexico 🇲🇽! And local deployers with Hotspots? They get paid for connecting them. No new towers. No massive infrastructure spend. Just people-built coverage.