DeFi Development Corp Invests $22 Million in Solana (SOL) Tokens to Expand Crypto Holdings..

DeFi Development Corp Invests $22 Million in Solana (SOL) Tokens to Expand Crypto Holdings..

DeFi Development Corp (DFDV) Buys $22M in Solana (SOL), Expands Holdings to $273M..

DeFi Development Corp. (NASDAQ: DFDV) announced on August 15 that it has acquired 110,000 Solana (SOL) tokens at an average price of $201.68, bringing the total purchase value to approximately $22 million.

With this latest acquisition, the company’s total SOL holdings have increased to 1,420,173 tokens, up from 1,301,653 previously. Based on current market valuations, DFDV now values its Solana portfolio at around $273 million.

Key Highlights of DFDV’s Solana Strategy..

• SOL per share metric rose to 0.0675 as of August 14, marking a 9% increase from the previous 0.0619.

• Total outstanding shares: 21,045,049.

• Newly acquired SOL tokens will be held long-term and staked to validators, including DFDV’s own Solana validator infrastructure, to generate yield rewards.

• DFDV positions itself as the first public company with a treasury strategy focused primarily on accumulating Solana (SOL).

Business Operations Beyond Solana

In addition to building its Solana treasury, DeFi Development Corp operates validator infrastructure on the Solana blockchain and engages in decentralized finance (DeFi) opportunities.

The company also runs an AI-powered online real estate platform, offering subscription-based data and software services to property professionals, including developers, owners, and lenders. Serving over 1 million web users annually, DFDV integrates blockchain and AI into both financial and real estate sectors.