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News

DeFi Development Acquires 86,307 SOL At Average Price Of $110.91 Per SOL

Author: Benzinga Newsdesk | October 16, 2025 08:05am

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 86,307 SOL at an average price of $110.91 per SOL. This purchase represents a 4.7% increase, bringing DeFi Dev Corp.'s aggregate SOL and SOL-equivalent position to 2,195,926 SOL, valued at approximately $426 million.

Below is a summary of DeFi Dev Corp.'s current SOL position and key per-share metrics as of October 15, 2025:

  • Total SOL & SOL Equivalents Held: 2,195,926, representing a 4.7% increase from our prior acquisition
  • Total SOL & SOL Equivalents Held (USD): Approximately $426 million
  • Total Shares Outstanding: 28,888,178
  • SOL per Share ("SPS"): 0.0760
  • SPS (USD): $14.67

The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp.'s own Solana validators to generate native yield.

Posted In: DFDV

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