DeFi Development (DFDV) Purchases 16,447 SOL, Becomes Leading Solana Treasury Company
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DeFi Development Corp. Purchases 16,447 SOL, Becomes Leading Solana Treasury Company
May 15, 2025 8:00 AM EDTBOCA RATON, FL, May 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company) announced today the purchase of 16,447 Solana (SOL) at an average price of $139.66 representing a total cost of approximately $2.3 million. At current market prices, the value of the purchased SOL is approximately $2.9 million.
This marks the Companys 11th SOL purchase under its crypto treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 609,190 SOL, valued at approximately $107 million the largest SOL position of any publicly traded company.
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