DeFi Development Corp, the treasury company associated with Solana, has acquired an additional 110,000 SOL tokens for approximately $22 million, increasing its total holdings to 1
DeFi Development Corp, the treasury company associated with Solana, has acquired an additional 110,000 SOL tokens for approximately $22 million, increasing its total holdings to 1.42 million SOL valued at around $273 million. This recent purchase was made at an average price of about $201.68 per SOL. The acquisition reflects a continued accumulation of SOL by DeFi Development Corp, whose total SOL reserves have surged in value, with the SOL price per share rising 48% over the past 30 days. The company’s growing SOL treasury underscores its strategic investment in the Solana ecosystem.
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Source: https://thedefiant.io/news/markets/defi-development-corp-adds-110000-sol-22m-total-holdings-1-42m-tokens-worth-273m-c8290d89