DeFi Development buys $77 million in Solana tokens after equity raise
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DeFi Dev Corp. Purchases $77M SOL Following Recent Equity Raise
August 28, 2025 10:35 AM EDTBOCA RATON, FL, Aug. 28, 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 the acquisition of 407,247 SOL at an average price of $188.98 per token. The acquisition was funded from the Companys recent equity raise, with more than $40M in net proceeds still available for future Solana purchases and strategic treasury operations. This purchase brings the Companys total holdings to 1,831,011 SOL.
Below is a summary of DeFi Dev Corp.s current... More
