DeFi Development Corp. buys $22 million in Solana tokens
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DeFi Dev Corp. Purchases $22M SOL, Grows Treasury to 1.42M SOL
August 15, 2025 8:30 AM EDTBOCA RATON, FL, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company) the first public company with a treasury strategy built to accumulate and compound Solana (SOL), today announced it now holds approximately 1,420,173 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Companys acquisition of 110,000 SOL at an average price of $201.68, representing a total value of approximately $22 million.
As a result, the Companys key performance metric, SOL per share (SPS), rose 9% to 0.0675... More
