Just In: DeFi Development Corp Buys 17,760 SOL For Solana Treasury
Highlights
- DeFi Development Corp. now holds 640,585 SOL, valued at $98.1M.
- The firm’s treasury strategy focuses on accumulating and staking Solana.
- Solana Staking ETF's success could drive SOL price to $200, boosting growth.
DeFi Development Corp. (Nasdaq: DFDV) has purchased 17,760 Solana (SOL) tokens on July 3, 2025, adding to its growing treasury. This acquisition, valued at approximately $2.72 million, reflects the company’s ongoing strategy to accumulate and compound its holdings in Solana.
Following this purchase, DeFi Development Corp.’s total SOL holdings have reached about 640,585 tokens, valued at approximately $98.1 million.
DeFi Development Corp’s New SOL Acquisition
DeFi Development Corp. has continued to expand its Solana (SOL) holdings, underscoring its long-term commitment to the Solana ecosystem. The latest purchase of 17,760 SOL at an average price of $153.10 per token brings the company’s total holdings to over 640,000 SOL.
As of July 3, the value of the company’s holdings stands at approximately $98.1 million. The newly purchased tokens will be staked with various Solana validators, including DeFi Development Corp.’s own validators, as part of its yield generation strategy.
This acquisition comes shortly after DeFi Development Corp. secured a $112.5 million private placement to fund further Solana purchases. This ongoing investment strategy aims to accumulate more SOL tokens and generate staking rewards. The company has also raised $42 million in financing and established a $5 billion line of credit to support its expanding crypto treasury.
Staking and Validator Participation
The newly acquired SOL tokens will be actively staked with various Solana validators to earn yield through staking rewards and validator fees. This move is part of DeFi Development Corp.’s broader strategy to both grow its treasury and contribute to Solana’s network decentralization.
By using its own Solana validators, the company further strengthens its involvement in the Solana ecosystem and enhances the operational resilience of the network.
The staking rewards generated will help the company further compound its SOL holdings. This approach allows DeFi Development Corp. to participate in the growth of the Solana blockchain while generating passive income from staking rewards.
DeFi Development Corp.’s Solana Treasury Strategy
DeFi Development Corp. has inserted itself among a new wave of crypto treasury companies, and includes others like SOL Strategies and Upexi. Whereas most companies have been associated with Bitcoin hoarding, DeFi Development Corp. stands out in that perspective as it more significantly revolves around Solana as a treasury. In this way, the company will have direct exposure to the performance of Solana tokens and to the opportunities presented by decentralized finance (DeFi) in Solana ecosystem.
Solana token accumulation and staking strategy allows shareholders of the company to have a direct exposure to the price movement of the token, and the associated staking rewards. The company has total shares outstanding of 14,740,779 and their current SOL-per-share (SPS) ratio stands at 0.042 or about $6.65 per share on current SOL pricing.
With this measure, investors can monitor the performance of the company in relation to its stock value giving insight into how changes in the price of Solana affects the overall value of DeFi Development Corp.
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