DeFi Development Corp. Buys Another $2.7 Million in SOL, Boosting Its Crypto Treasury
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- DeFi Development Corp. bought 17,760 SOL, expanding its Solana treasury to 640,585 tokens.
- SOL per share value stands at $6.65 based on 14.7 million shares outstanding.
- Company combines real estate SaaS with active Solana staking and DeFi participation.
The publicly traded real estate tech company DeFi Development Corp. (Nasdaq: DFDV) has acquired another 17,760 Solana (SOL) tokens, valued at approximately $2.72 million, continuing its aggressive strategy of using SOL as its primary treasury reserve asset.
The purchase pushes the company’s total holdings to approximately 640,585 SOL and SOL-equivalent assets. This brings the total value of its crypto treasury to nearly $98.1 million, including staking rewards, and solidifies its unique position as a publicly traded proxy for exposure to the Solana ecosystem.
A “SOL First” Treasury Strategy
DeFi Development Corp. operates under an official treasury policy that prioritizes holding Solana. The company’s goal is to offer public market investors direct economic exposure to SOL’s performance while actively participating in the network’s growth through staking and validator operations.
The company transla…
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