DeFi Development Corp. buys $22 million in Solana tokens
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- US stock futures down as Middle East strikes fuel inflation anxiety
- Oil rises over 3% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
DeFi Dev Corp. Purchases $22M SOL, Grows Treasury to 1.42M SOL
August 15, 2025 8:30 AM EDTBOCA RATON, FL, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company) the first public company with a treasury strategy built to accumulate and compound Solana (SOL), today announced it now holds approximately 1,420,173 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Companys acquisition of 110,000 SOL at an average price of $201.68, representing a total value of approximately $22 million.
As a result, the Companys key performance metric, SOL per share (SPS), rose 9% to 0.0675... More
