DeFi Development Corp. announced the acquisition of 407,247 SOL at an average price of $188.98 per token.
The purchase was funded from the recent equity raise, with over $40M in net proceeds available for future Solana purchases.
This acquisition brings the Company's total SOL holdings to 1,831,011 SOL valued at approximately $371 million.
Total SOL & SOL Equivalents Held
1,831,011 representing a 29% increase from the previous balance of 1,420,173.
Total SOL & SOL Equivalents Held (USD)
Approximately $371 million.
Total Shares Outstanding
Approximately 21M as of August 28, 2025.
SOL per Share (SPS)
0.0864 with SPS (USD) at $17.52.
Fully Diluted Share Count
Adjustment to approximately 31 million when including all shares and warrants from recent financing.
- The acquisition reinforces the Company's commitment to accumulating and compounding SOL for long-term strategies.
- Staking the newly acquired SOL will generate native yield through a variety of validators, including the Company's own Solana validators.
DeFi Development Corp. continues its focused approach on accumulating SOL to provide direct economic exposure to investors while actively participating in the growth of the Solana ecosystem.