DeFi Development Corp. (Nasdaq: DFDV) has expanded its holdings with the purchase of 86,307 SOL at an average price of $110.91 per token. This latest acquisition raises the company’s total SOL and SOL-equivalent position to 2,195,926 SOL, valued at approximately $426 million.
Following the transaction, DeFi Dev Corp’s Solana Per Share (SPS) value now stands at $14.67. The company emphasized that the newly acquired SOL will be held long term and staked through multiple validators, including its own. This strategy aims to generate native yield while supporting the Solana network’s security and decentralization.
This purchase further cements DeFi Dev Corp’s position as a leader in institutional Solana exposure, offering investors direct participation in the blockchain’s growth.
Through a combined strategy of accumulation, staking, and validator operations, the company seeks to create sustainable returns and deepen its engagement with Solana’s rapidly expanding DeFi ecosystem.
