DeFi Development Corp. Acquires 86,307 SOL
9 Articles
9 Articles
DeFi Development Corp Expands Solana Holdings Past $426M Mark
TLDR: DeFi Dev Corp adds $9.6M worth of Solana, lifting total holdings to over $426M. The new purchase strengthens Solana per share value across the firm’s treasury. The firm’s strategy focuses on asset-backed expansion, not speculative trading. Solana remains central to DeFi Dev Corp’s long-term blockchain participation goals. DeFi Development Corp (DeFi Dev Corp) has expanded its Solana treasury with a $9.6 million purchase, increasing its to…
DeFi Development Buys $16M SOL at $111, But Stock Value Per Share Drops 25%
DeFi Development Corp. purchased 86,307 SOL for approximately $16 million at an average price of $110.91, increasing its treasury by 4.7% to 2,195,926 SOL worth $426 million. However, the Nasdaq-listed firm’s SOL per share metric dropped to $14.67 from $19.44 recorded in September, a 25% decline des...
DeFi Development Corp Expands Solana Holdings with $15 Million Acquisition of 86,307 SOL
DeFi Development Corp (Nasdaq: DFDV) has announced the acquisition of an additional 86,307 Solana (SOL) tokens valued at approximately $15 million. This purchase brings the company’s total Solana holdings to 2,095,748 SOL, now estimated to be worth around $499 million. The move reinforces DeFi Development Corp’s long-term strategy to accumulate and compound Solana as part of its blockchain-based treasury operations. Strategic accumulation of Sol…
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