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DeFi Development Acquires 407,247 SOL At $188.98 Avg. Price; Total Holdings Reach 1.83M Tokens With Over $40M In Equity Proceeds Remaining For Future Solana Buys

Author: Benzinga Newsdesk | August 28, 2025 09:37am

DeFi Development Corp. (NASDAQ:DFDV) (the "Company") the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced the acquisition of 407,247 SOL at an average price of $188.98 per token. The acquisition was funded from the Company's recent equity raise, with more than $40M in net proceeds still available for future Solana purchases and strategic treasury operations. This purchase brings the Company's total holdings to 1,831,011 SOL.

Posted In: DFDV


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