DeFi Development Resumes Solana Purchases, Expands Holdings to 2.33 Million SOL

DeFi Development Corp., the first publicly traded company in the U.S. focused on accumulating and compounding Solana (SOL), has resumed purchasing Solana.

The company acquired approximately 19,000 SOL at an average price of $98.14, increasing its holdings to about 2.33 million SOL and equivalent assets.

This purchase was partially funded by income from the sale of DeFi Development's stake in the ZeroStack business.

The newly acquired Solana will be held as a long-term financial asset and managed through the company's staking and on-chain financial infrastructure.