DeFi Development Corp Expands Solana Bet with $77M Purchase

Spread the love

DeFi Development Corp (Nasdaq: DFDV) has doubled down on its Solana (SOL) strategy. The firm acquired 407,247 SOL worth $77M, boosting total holdings to 1.83M SOL valued at $371M. That’s a 29% jump since its last purchase on August 15, 2025. The buy comes after a fresh equity raise and signals growing institutional conviction around Solana as a core treasury asset.  Key Metrics: SOL Holdings Surge As of August 28, 2025, DFDV’s Solana portfolio stands out: 1,831,011 SOL & SOL equivalents  $371M in total value  ~21M shares outstanding  0.0864 SOL per share (SPS)  SPS value: $17.52 The average purchase price

The post DeFi Development Corp Expands Solana Bet with $77M Purchase appeared first on The Merkle News.

Go to Source