Crypto
DeFi Development Corp Boosts Solana Holdings by 19K Tokens
DeFi Development Corp has increased its Solana (SOL) holdings by approximately 19,000 tokens at an average price of $98.14. This purchase brings the company's treasury to around 2.33 million SOL.
The acquisition was partially funded through proceeds from the divestment of ZeroStack, allowing DeFi Development Corp to resume its Solana treasury purchases without relying entirely on additional capital.
CEO Joseph Onorati stated that DFDV's recent trading activity showed growing investor interest in the company's strategy, which extends beyond simply holding SOL. The company operates validator infrastructure and stakes its treasury while also deploying capital across selected Solana DeFi protocols.