DeFi Development Corp., a NASDAQ-listed treasury firm associated with Solana, has acquired an additional 407,247 SOL tokens at an average price of $188.98 per token, totaling approximately $77 million. This purchase increases the company’s total Solana holdings to 1,831,011 SOL, valued at around $371 million. Following a recent equity raise, DeFi Development Corp. still retains over $40 million in net proceeds earmarked for future SOL acquisitions.
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Source: https://thedefiant.io/news/markets/nasdaq-listed-defi-development-corp-buys-77m-solana-188-98-holdings-reach-1-83m-db84245b