DeFi Development Corp. adds 22,070 SOL to its growing Solana treasury

Share

DeFi Development Corp., a Nasdaq-listed company, acquired 22,070 SOL for approximately $2.43 million, bringing its treasury value to about $284.9 million. In total, the firm holds approximately 2.564 million SOL and equivalents, valued at about $302 million. Since resuming active purchases in late August 2026, the company has increased its position by more than 226,000 SOL through direct buying and rewards earned from operating its own Solana validators. DeFi Development Corp. has also established a Series C Perpetual Preferred Stock program called CHAD, worth up to $300 million, to fund further SOL accumulation without diluting common stock. The company, which pivoted its business in April 2025 to focus on accumulating SOL as its primary treasury asset, offers investors Solana exposure through its stock ticker DFDV.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items