DeFi Dev Corp Boosts Solana Holdings to $426 Million

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DeFi Development Corp. has acquired 86,307 additional SOL at an average price of $110.91, increasing its total SOL holdings to more than 2.19 million. The company now holds roughly $426 million in SOL as it continues to execute its long-term staking and yield strategy.

Fresh Acquisition Strengthens DeFi Dev Corp’s Solana Treasury

DeFi Development Corp. (Nasdaq: DFDV) has expanded its holdings with the purchase of 86,307 SOL at an average price of $110.91 per token. The new acquisition lifts the company’s total SOL and SOL-equivalent position to 2,195,926 SOL, valued at approximately $426 million.

Following this transaction, DeFi Dev Corp’s Solana per share (SPS) now stands at $14.67 per share. The company emphasized that the newly acquired SOL will be held long-term and staked across multiple validators, including its own, to generate native yield and support the Solana network.

This purchase reinforces DeFi Dev Corp’s role as a pioneer in institutional Solana exposure, offering investors direct participation in the blockchain’s growth.

Through its combined strategy of accumulation, staking, and validator operations, the company aims to create sustainable yield while deepening engagement with Solana’s rapidly expanding DeFi ecosystem.

FAQ

  • How much Solana did DeFi Development Corp. acquire?
    The company purchased 86,307 SOL at an average price of $110.91 per token.
  • What is DeFi Dev Corp’s total Solana holding now worth?
    Its SOL position has grown to about 2.19 million tokens, valued at roughly $426 million.
  • How will the newly acquired SOL be used?
    The tokens will be staked across multiple validators to generate yield and support the Solana network.
  • What does this move signal about DeFi Dev Corp’s strategy?
    It highlights the firm’s long-term commitment to Solana accumulation, staking, and ecosystem growth.
SOL2.83%
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