DeFi Development Boosts Solana Holdings with Additional Acquisition

DeFi Development has made an additional purchase of Solana (SOL), bringing its total holdings to approximately 2.33 million SOL equivalents.

The company acquired around 19,000 SOL at an average price of $98.14 per SOL, with a total value of approximately $1.86 million.

This latest acquisition was partly funded by the sale of investment positions in ZeroStack, a firm specializing in AI-optimized asset management.

DeFi Development plans to hold the newly acquired SOL as long-term treasury assets and utilize them for staking and on-chain treasury infrastructure.